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Dutch consumer confidence remains low in August

08-20-2012 17:55 BJT

THE HAGUE, Aug. 20 (Xinhua) -- Dutch consumers remain pessimistic about their country's economy, the Dutch statistics office CBS reported on Monday.

According to CBS, the indicator of consumer confidence for August remains at minus 32, the same figure as in July. The average for the last twenty years is minus 8.

Dutch consumers are still unwilling to spend their money, with their purchase power remaining at a historic low of minus 40.

However, company investments in tangible assets increased by 3 percent in June 2012, compared to the same period of last year, CBS said.

Editor:James |Source: Xinhua

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