EUR German GfK Consumer Climate
Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity;
Above 0 indicates optimism, below indicates pessimism;
- EUR German GfK Consumer Climate Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Jun 26, 2024 | -21.8 | -19.4 | -21.0 |
May 29, 2024 | -20.9 | -22.5 | -24.0 |
Apr 25, 2024 | -24.2 | -25.9 | -27.3 |
Mar 26, 2024 | -27.4 | -27.9 | -28.8 |
Feb 27, 2024 | -29.0 | -29.0 | -29.6 |
Jan 26, 2024 | -29.7 | -24.7 | -25.4 |
Dec 20, 2023 | -25.1 | -26.9 | -27.6 |
Nov 28, 2023 | -27.8 | -28.2 | -28.3 |
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- EUR German GfK Consumer Climate News
- From youtube.com/cmegroup|Jun 26, 2024
The Euro continues to hit new lows. Bob Iaccino goes into further detail.
- From gfk.com|Jun 26, 2024
The recovery in consumer sentiment in Germany comes to a standstill for the time being in June. Both income and economic expectations suffered moderate losses. The willingness to buy fell slightly compared to the previous month and thus continues to stagnate at a very low level. The willingness to save, on the other hand, has increased slightly, consolidating its already high level. Taking these developments into account, the consumer climate is declining slightly overall: in the forecast for July, the indicator falls by 0.8 points ...
- From gfk.com|May 29, 2024
The recovery in consumer sentiment in Germany continues in May. Germans' assessment of the economic outlook is clearly improving, their income expectations rise moderately and their willingness to save falls noticeably. However, their willingness to buy is only increasing minimally. Overall, the consumer climate improved for the fourth time in a row. In the June forecast, the indicator increases to -20.9 points, which is an improvement of 3.1 points compared to the previous month (revised to -24.0 points). These are the current ...
- From gfk.com|Apr 25, 2024
The recovery in consumer sentiment in Germany continued in April. Income expectations grew noticeably, economic expectations and the willingness to buy are increasing moderately. The consumer climate thus improved for the third time in a row. In the forecast for May, the indicator increases to -24.2, which is an improvement of 3.1 points compared to the previous month (revised to -27.3 points), reaching a two-year high – although still at an extremely low level. These are the current findings of the GfK Consumer Climate powered by ...
- From gfk.com|Mar 26, 2024|5 comments
Consumer sentiment in Germany continues to improve at a slow pace in March. While expectations regarding the economy and income increase slightly, the willingness to buy remains low. The declining willingness to save has a positive effect, with the consumer climate improving for the second time in a row. In the forecast for April, the indicator increases slightly by 1.4 points to -27.4 points compared to the previous month (revised to -28.8 points). These are the findings of the GfK Consumer Climate powered by NIM for March, which ...
- From gfk.com|Feb 27, 2024
Following the bitter setback in the previous month, consumer sentiment in Germany made a slight recovery in February. Even though income expectations rose, willingness to buy and economic expectations barely showed any signs of improvement. In addition, the willingness to save also had a dampening effect. The Consumer Climate therefore only increases slightly again after the significant decline in the previous month. In the forecast for March, the indicator increases to -29 points. This represents a plus of 0.6 points compared to the ...
- From gfk.com|Jan 26, 2024
The year 2024 starts off very disappointingly for consumer sentiment in Germany: both economic and income expectations as well as the willingness to buy are showing noticeable declines. Consumer sentiment drops sharply after rising in the previous month. In the forecast for February 2024, the Consumer Climate falls to -29.7 points – a decline of 4.3 points compared to the previous month (revised to -25.4 points). These are the results of the GfK Consumer Climate powered by NIM for January 2024, which has been published jointly by GfK ...
- From gfk.com|Dec 20, 2023|1 comment
Consumer sentiment in Germany is improving at the end of the year: Income expectations and the willingness to buy show noticeable growth. The economic expectations are also improving slightly. In the forecast for January, the Consumer Climate rises to -25.1 points – an improvement of 2.5 points compared to the previous month (revised to -27.6 points). These are the results of the GfK Consumer Climate powered by NIM for December 2023. As of October 2023, it is published jointly by GfK and the Nuremberg Institute for Market Decisions ...
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Released on Jan 26, 2024 |
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