The central bank's (BCL) consumer confidence indicator has gone up in May. But the factors making up the indicator have evolved differently. Households' expectations about their financial situation and their perceptions have increased while their expectations about the general economic situation have receded slightly. Their intended spending on major purchases has remained static. The consumer confidence is calculated as the arithmetic mean of the sum of all four components.
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For more information, please contact Sanne van der Gaag or Sjaak van der Velden, De Burcht (Scientific Bureau for the Dutch Trade Union Movement) sannevandergaag@deburcht.org or the Head of communications at the ETUI, Steve Coulter scoulter@etui.org. For previous full issues of the Collective bargaining newsletter please visit www.etui.org/E-Newsletters/Collective-bargaining-newsletter or consult the archive with all articles in our database at www.cbnarchive.eu. You may find further information on the ETUI at www.etui.org.