The GfK Consumer Climate Indicator for Germany stood at 10.6 going into November 2018, unchanged from October's figure but slightly above market consensus of 10.5. The sub-index assessing consumers' propensity to buy increased by 3 points to 55.9, as consumers showed a general feeling of job security, encouraging them to make larger purchases. On the other hand, the sub-index measuring economic expectations dropped for the first time in three months by 8.1 points to 19.0, mainly due to external factors, such as the fear of a global trade dispute and the threat of a hard Brexit. Also, the gauge measuring income expectations declined by 3.5 points to 54.4, in the wake of a weaker domestic economic outlook. Consumer Confidence in Germany averaged 6.15 Index Points from 2001 until 2018, reaching an all time high of 16.80 Index Points in March of 2001 and a record low of -3.50 Index Points in March of 2003.

Germany GfK Consumer Climate
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-29 06:00 AM GfK Consumer Confidence 10.5 10.6 10.6 10.5
2018-09-27 06:00 AM GfK Consumer Confidence 10.6 10.5 10.5 10.4
2018-10-26 06:00 AM GfK Consumer Confidence 10.6 10.6 10.5 10.4
2018-11-28 12:00 PM GfK Consumer Confidence 10.6 10.4
2018-12-21 07:00 AM GfK Consumer Confidence 10.2


Germany Consumer Last Previous Highest Lowest Unit
Consumer Confidence 10.60 10.60 16.80 -3.50 Index Points [+]
Retail Sales MoM 0.10 -0.30 4.60 -6.10 percent [+]
Retail Sales YoY -2.60 1.50 9.70 -7.90 percent [+]
Consumer Spending 403.88 402.65 403.88 290.29 EUR Billion [+]
Disposable Personal Income 494.41 492.22 494.41 22.96 EUR Billion [+]
Personal Savings 10.20 10.00 17.30 7.80 percent [+]
Consumer Credit 238144.00 239327.00 239327.00 10926.00 EUR Million [+]
Private Sector Credit 2943320.00 2924467.00 2943320.00 6461.00 EUR Million [+]
Bank Lending Rate 2.05 2.05 6.55 2.05 percent [+]
Households Debt To GDP 52.50 52.70 70.90 35.00 percent of GDP [+]
Households Debt To Income 82.51 82.68 106.63 82.51 percent [+]
Gasoline Prices 1.77 1.74 2.14 0.91 USD/Liter [+]
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 58.50 59.20 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
10.60 10.60 16.80 -3.50 2001 - 2018 Index Points Monthly
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Country Last
Argentina 32.60 Oct/18
Australia 104.30 Nov/18
Brazil 110.60 Oct/18
Canada 55.25 Oct/18
China 118.50 Sep/18
Euro Area -2.70 Oct/18
France 95.00 Oct/18
Germany 10.60 Nov/18
India 95.00 Sep/18
Indonesia 119.20 Oct/18
Italy 116.60 Oct/18
Japan 43.00 Oct/18
Mexico 101.40 Oct/18
Netherlands 15.00 Oct/18
Russia -14.00 Sep/18
Saudi Arabia 107.00 Jun/18
South Africa 22.00 Jun/18
South Korea 99.50 Oct/18
Spain 93.00 Oct/18
Switzerland -6.00 Dec/18
Turkey 57.30 Oct/18
United Kingdom -10.00 Oct/18
United States 98.30 Nov/18


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