Dutch CCI Hits 9-Year High

The Dutch consumer confidence index hit a 9.5 year high in February, rising 1 point on January’s total to +14. Consumers are being more positive about the economy in general and are therefore more likely to spend money, national statistics office CBS said on Monday, Dutchnews reported. The index reached a high of +27 in April 2000 but plunged to as low as -44 at the height of the economic crisis in February 2013. The CBS also said on Monday that consumer spending rose 2.5% in December, in line with developments in the previous two months.