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

The GfK Consumer Climate Indicator for Germany is set to edge down to 10.8 in October 2017 from a 16-year high of 10.9 in September. The figure came in below market consensus of 11, mainly due to a drop in both income expectations and propensity to buy. In September, income expectations fell for the first time in six months (down 8.7 points to 52.7) and the propensity to buy suffered due to the downturn (down 1.1 points to 57.0). In contrast, the economic expectations sub-index went up 3 points to 33.4, as Germans viewed their economy as being on the upswing and the employment market regularly sends positive signals. "A slight trend reversal downwards can be viewed more as a stabilisation process," GfK said in a statement. Consumer Confidence in Germany averaged 5.86 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 TEForecast
2017-07-27 06:00 AM GfK Consumer Confidence 10.8 10.6 10.6 10.5
2017-08-29 06:00 AM GfK Consumer Confidence 10.9 10.8 10.8 10.9
2017-09-28 06:00 AM GfK Consumer Confidence 10.8 10.9 11 10.9
2017-10-26 06:00 AM GfK Consumer Confidence 10.8 10.8 10.9
2017-11-24 07:00 AM GfK Consumer Confidence 11
2017-12-22 07:00 AM GfK Consumer Confidence 11


Germany Consumer Last Previous Highest Lowest Unit
Consumer Confidence 10.80 10.90 16.80 -3.50 [+]
Retail Sales MoM -0.40 -0.60 4.10 -4.70 percent [+]
Retail Sales YoY 2.80 2.80 9.70 -7.80 percent [+]
Consumer Spending 398.56 395.46 398.56 290.33 EUR Billion [+]
Disposable Personal Income 478.41 475.41 478.41 22.96 EUR Billion [+]
Personal Savings 9.70 9.80 17.30 7.80 percent [+]
Consumer Credit 234378.00 231929.00 236957.00 10926.00 EUR Million [+]
Private Sector Credit 2808659.00 2799475.00 2808659.00 6461.00 EUR Million [+]
Bank Lending Rate 2.39 2.42 6.55 2.39 percent [+]
Gasoline Prices 1.62 1.60 2.14 0.91 USD/Liter [+]
Households Debt To Gdp 53.10 53.40 70.90 34.90 percent of GDP [+]
Households Debt To Income 82.32 82.85 106.63 82.32 percent [+]
Consumer Confidence Economic Expectations 41.30 34.80 69.50 -33.20 [+]
Consumer Confidence Financial Expectations 60.20 58.50 60.20 -26.70 [+]
Consumer Confidence Major Purchases Expectations 57.90 55.70 64.40 -55.40 [+]


Germany GfK Consumer Climate

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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
10.80 10.90 16.80 -3.50 2001 - 2017 Monthly
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consumer confidence by Country

Last
Australia 101.35 Oct/17
Brazil 98.50 Sep/17
Canada 55.00 Oct/17
China 114.70 Aug/17
Euro Area -1.20 Sep/17
France 101.00 Sep/17
Germany 10.80 Oct/17
India 128.00 Jun/17
Indonesia 123.80 Sep/17
Italy 115.50 Sep/17
Japan 43.90 Sep/17
Mexico 88.80 Sep/17
Netherlands 23.00 Oct/17
Russia -11.00 Sep/17
South Korea 107.70 Sep/17
Spain 103.20 Sep/17
Switzerland -3.00 Sep/17
Turkey 68.70 Sep/17
United Kingdom -9.00 Sep/17
United States 101.10 Oct/17