The GfK Consumer Climate Indicator in Germany decreased to -1.2 heading into September 2021, from a revised -0.4 in the previous month and below market expectations of -0.7. It was the lowest level in three months, amid growing inflationary pressure and rising COVID-19 cases. The gauge for willingness to buy declined 4.5 points to 10.3, while the business cycle expectations sub-index fell 13.8 points to 40.8. Meanwhile, the income expectations sub-index was 1.5 points higher at 30.5. source: GfK Group
Consumer Confidence in Germany averaged 5.46 points from 2001 until 2021, reaching an all time high of 16.80 points in March of 2001 and a record low of -23.10 points in May of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.
Consumer Confidence in Germany is expected to be -0.60 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany GfK Consumer Climate is projected to trend around 7.50 points in 2022 and 5.10 points in 2023, according to our econometric models.