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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
NetherlandsNetherlands Consumer Confidence fell to -46.0% in May 2026
FMPMonthlyReleased May 2026
Netherlands Consumer Confidence fell to -46.0% in May 2026, down 2.0% from April's -44.0% reading. The reading missed the -42.0% consensus by 4.0%. Consumer Confidence has now declined for 5 consecutive months. Over the past 3 months, Consumer Confidence averaged -37.0%, vs -22.5% in the prior 3-month window. Consumer Confidence is now the lowest in 37 months.
Latest Release
-46
Actual
-42
Consensus
-44
Previous
Median Absolute Error
±2.83 percentage points
across last 12 releases
Last Call
May 2026
Predicted: -38.5
Actual: -46
Error: +7.5
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.58 | FOREX | Bullish EUR | → View |
| S&P 500 | ▼ Inverse | −0.41 | INDEX | Bearish S&P 500 | → View |
| XAU/USD | ▼ Inverse | −0.39 | COMMODITIES | Bearish XAU | → View |
| GBP/USD | ▲ Direct | +0.36 | FOREX | Bullish GBP | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Consumer Confidence (Netherlands) was reported at -46% in May 2026. This missed the market consensus of -42% by 4%. The reading fell from the previous value of -44%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged -30.1%, ranging from -46% to -21% across 10 releases. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged -33.33%, down from the prior three at -23%. Volatility over the past year (σ 7.15%) is higher than the prior year (σ 5.54%). In May readings over the past 3 years, Consumer Confidence has averaged -35%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with EUR/USD (Bullish EUR). A secondary relationship exists with S&P 500, negatively correlated (Bearish S&P 500). Over the last 12 releases, the Sigmacast model's median absolute error is 2.83%.
WHAT TO WATCH NEXT
The next release is scheduled for June 19, 2026. Same-country events in the next 14 days include Unemployment Rate (Jun 18).
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Consumer Confidence - NL
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About Consumer Confidence — Netherlands
DEFINITION
Index The Consumer Confidence Index is a widely recognized financial indicator that measures the level of optimism or pessimism among consumers regarding the state of the economy. It is based on surveys and data collected from a representative sample of households, and is used by economists and investors to gauge consumer spending patterns and overall economic health. A higher index value indicates a positive outlook, while a lower value suggests a more negative sentiment. This index is a valuable tool for businesses and policymakers in making informed decisions and predicting future economic trends.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (May 2026): actual -46 %, consensus -42 %. Prior reading (Apr 2026): -44 %. Before that (Mar 2026): -30 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with EUR/USD (Bullish EUR, r=0.58) — a useful reference for forex-focused traders.