Germany GfK Consumer Climate  2001-2017 | Data | Chart | Calendar

The GfK Consumer Climate Indicator for Germany is set to rise to 10.4 in June of 2017 from 10.2 in May and beating market consensus of 10.2. It is the highest reading since October 2001, as consumers are confident domestic economy is on the upswing amid continued strength in employment. In May, economic expectation went up for the 3rd time in a row to reach 34.8, marking the highest value in two years. Also, income expectation increased 1 point to 58.5, supported by consistently well-positioned German labor market situation. In contrast, propensity to buy dropped 4.5 points to 55.7 but remained at a historically high level. "Risks for consumers primarily originate from possible economic political shocks from elsewhere, for example as a result of increasingly protectionist trends in the United States," GfK said in a statement. Consumer Confidence in Germany averaged 5.76 from 2001 until 2017, reaching an all time high of 16.80 in March of 2001 and a record low of -3.50 in March of 2003.

Germany GfK Consumer Climate
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-03-23 07:00 AM Apr 9.8 10.0 10 9.8
2017-04-27 06:00 AM May 10.2 9.8 9.9 9.8
2017-05-24 06:00 AM Jun 10.4 10.2 10.2 10.4
2017-06-29 06:00 AM Jul 10.4 10.4
2017-07-27 06:00 AM Aug 10.62
2017-08-25 06:00 AM Sep 10.68




Germany Consumer Last Previous Highest Lowest Unit
Consumer Confidence 10.40 10.20 16.80 -3.50 [+]
Retail Sales MoM -0.20 0.20 4.10 -4.70 percent [+]
Retail Sales YoY -0.90 2.90 9.70 -7.80 percent [+]
Consumer Spending 395.46 393.75 395.46 290.33 EUR Billion [+]
Disposable Personal Income 475.41 470.58 475.41 22.96 EUR Billion [+]
Personal Savings 9.80 9.90 17.30 7.80 percent [+]
Consumer Credit 231929.00 231154.00 236957.00 10926.00 EUR Million [+]
Private Sector Credit 2768801.00 2760080.00 2768801.00 6461.00 EUR Million [+]
Bank Lending Rate 2.44 2.51 6.55 2.42 percent [+]
Gasoline Prices 1.53 1.50 2.14 0.91 USD/Liter [+]
Households Debt To Gdp 53.40 53.50 70.90 34.90 percent of GDP [+]
Households Debt To Income 82.32 82.85 106.63 82.32 percent [+]


Germany GfK Consumer Climate Notes

The GfK Consumer Climate Indicator is based on a survey of 2000 individuals age 14 and above. The questionnaire focuses on income expectations, buying propensity and savings. The components of the indicator are calculated as the difference between positive and negative answers to the questions asked. Their value can vary between minus 100 and plus 100 points with 0 representing the long term average. This page provides the latest reported value for - Germany Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany GfK Consumer Climate - actual data, historical chart and calendar of releases - was last updated on June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
10.40 10.20 16.80 -3.50 2001 - 2017 Monthly
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consumer confidence by Country

Last
Australia 96.23 Jun/17
Brazil 100.60 May/17
Canada 53.43 Jun/17
China 112.00 May/17
Euro Area -1.30 Jun/17
France 102.00 May/17
Germany 10.40 Jun/17
India 136.00 Dec/16
Indonesia 125.90 May/17
Italy 105.40 May/17
Japan 43.60 May/17
Mexico 85.78 May/17
Netherlands 23.00 Jun/17
Russia -15.00 Mar/17
South Korea 108.00 May/17
Spain 105.40 May/17
Switzerland -8.00 Jun/17
Turkey 70.00 Jun/17
United Kingdom -5.00 May/17
United States 94.50 Jun/17