As negative news about the Dutch economy pours in, its Central Bureau for Statistics said consumers have never been so gloomy about their prospects since it began measuring consumer confidence in 1986.
The country's consumer confidence index fell five points from October to November.
A sub-category that measures expectations of how the respondent's financial situation will change in the coming year falling 12 points to a record low of -32.
Reasons for pessimism are not difficult to identify. Exports are down, housing prices have fallen about 8% in the past year, and the country reported an unexpectedly large 1.1% decline in third quarter GDP.
Prime minister Mark Rutte, one of Europe's leading proponents of austerity, is also planning tax hikes and spending cuts.
