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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
NetherlandsNetherlands Consumer Spending Volume held to -2.3% in February 2013
FMPMonthlyReleased March 2013
Netherlands Consumer Spending Volume held to -2.3% in February 2013, released March 2013.
Latest Release
-2.300000
Actual
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Consensus
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Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
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 | +0.30 | FOREX | Watch | → View |
| USD/JPY | ▼ Inverse | −0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Consumer Spending Volume (Netherlands) was reported at -2.3% in March 2013.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Watch). A secondary relationship exists with USD/JPY, negatively correlated (Watch).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Unemployment Rate (Jun 18) and Consumer Confidence (Jun 19).
Auto-generated from current model state · Refreshes on each release · Last update March 2013.
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Consumer Spending Volume - NL
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About Consumer Spending Volume — Netherlands
DEFINITION
Consumer Spending Volume is a financial indicator that measures the total amount of money spent by individuals on goods and services within a specific time period. It is a key metric for assessing the health of the economy and consumer confidence. This indicator is closely monitored by businesses, investors, and policymakers as it can provide valuable insights into consumer behavior and overall economic trends. A higher consumer spending volume is generally seen as a positive sign for economic growth, while a decrease may indicate a slowdown in consumer demand.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Mar 2013): actual -2.3 %.