Germany Consumer Confidence

Last Release

Feb 28, 2025

Actual

-22.4

Units In

Points

-21.3

Frequency

Monthly

Next Release

N/A

Time to Release

N/A

Highest	Lowest	Average	Date Range	Source
16.8 Mar 2001	-42.8 Oct 2022	1.32 Points	2001-2025	GfK Group

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.

Latest Updates

The GfK Consumer Climate Indicator for Germany declined to -22.4 heading into February 2025 from a marginally revised -21.3 in the previous period, missing market expectations of -20. Economic prospects (-1.6 vs. 0.3 in January), income expectations (-1.1 vs. 1.4), and the willingness to buy (-8.4 vs. -5.4) all weakened, reflecting sluggish economic recovery, rising layoffs, and factory closures. Meanwhile, the propensity to save increased (8.2 vs. 5.9) as the nation prepared for next month's elections. "The consumer climate has suffered another setback," said Rolf Bürkl, a consumer expert at NIM, adding that a sustainable recovery remains out of reach, particularly with inflation on the rise again.