Germany GfK Consumer Climate

The GfK consumer sentiment indicator for Germany was unchanged at 10.4 heading into May 2019, beating market expectations of 10.3, as an increase in both income expectations (up 2.5 points to 58.4) and willingness to buy (up 4.6 points to 54.8) offset a marked decline in economic expectations (down 5.1 points to 6.1). "Since developments on the labor market should remain stable despite a weak economic period, consumers clearly do not yet see any reason to abandon their income optimism," GfK said in a statement. Consumer Confidence in Germany averaged 6.27 Index Points from 2001 until 2019, 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.

Consumer Confidence in Germany is expected to be 10.50 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Germany to stand at 9.40 in 12 months time. In the long-term, the Germany GfK Consumer Climate is projected to trend around 8.50 Index Points in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2019-01-30	07:00 AM	GfK Consumer Confidence	10.8	10.5	10.3	10.3
2019-02-26	07:00 AM	GfK Consumer Confidence	10.8	10.8	10.8	10.5
2019-03-26	07:00 AM	GfK Consumer Confidence	10.4	10.7	10.8	10.7
2019-04-30	06:00 AM	GfK Consumer Confidence	10.4	10.4	10.3	10.2
2019-05-28	06:00 AM	GfK Consumer Confidence		10.4	10.3	10.5
2019-06-25	06:00 AM	GfK Consumer Confidence				10.2
2019-07-25	06:00 AM	GfK Consumer Confidence				10.3

Germany Consumer	Last	Previous	Highest	Lowest	Unit
Consumer Confidence	10.40	10.40	16.80	-3.50	Index Points	[+]
Retail Sales MoM	-0.20	0.50	4.60	-6.10	percent	[+]
Retail Sales YoY	-2.10	4.40	9.70	-7.90	percent	[+]
Consumer Spending	402.98	402.11	403.34	290.30	EUR Billion	[+]
Disposable Personal Income	502.12	496.88	502.12	22.96	EUR Billion	[+]
Personal Savings	10.90	10.70	17.30	7.80	percent	[+]
Consumer Credit	234441.00	233662.00	423705.00	21369.00	EUR Million	[+]
Private Sector Credit	2996888.00	2981648.00	2996888.00	6461.00	EUR Million	[+]
Bank Lending Rate	2.05	2.04	6.55	2.01	percent	[+]
Households Debt To GDP	52.70	52.50	70.90	35.00	percent of GDP	[+]
Households Debt To Income	82.51	82.68	106.63	82.51	percent	[+]
Gasoline Prices	1.68	1.57	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		[+]

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 May of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	10.40	10.40	16.80	-3.50	2001 - 2019	Index Points	Monthly	SA

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Country	Last		Previous	Range
Argentina	34.40	Apr/19	34.8	60.97 : 28.44	Index Points
Australia	101.30	May/19	101	124 : 64.61	Index Points
Brazil	48.40	Mar/19	49.8	116 : 37.9	Index Points
Canada	53.71	May/19	50.76	57.05 : 46.8	Index Points
China	124.10	Mar/19	126	126 : 97	Index Points
Euro Area	-6.50	May/19	-7.3	-1.9 : -24.4	Index Points
France	96.00	Apr/19	96	130 : 79	Index Points
Germany	10.40	May/19	10.4	16.8 : -3.5	Index Points
India	105.00	Jun/19	105	117 : 88	Index Points
Indonesia	128.10	Apr/19	124	128 : 9.6	Index Points
Italy	110.50	Apr/19	111	121 : 82.4	Index Points
Japan	40.40	Apr/19	40.5	50.8 : 27.5	Index Points
Mexico	113.70	Apr/19	116	120 : 69.12	Index Points
Netherlands	-3.00	May/19	-3	36 : -41	Index Points
Russia	-16.00	Mar/19	-17	1 : -59	Index Points
Saudi Arabia	109.00	Dec/18	106	120 : 94	Index Points
South Africa	2.00	Mar/19	7	26 : -33	Index Points
South Korea	102.00	Apr/19	99.8	121 : 69.4	Index Points
Spain	97.00	Apr/19	93.9	109 : 37.6	Index Points
Switzerland	-6.00	Jun/19	-4	22 : -51	Index Points
Turkey	55.30	May/19	63.5	98.68 : 55.3	Index Points
United Kingdom	-13.00	Apr/19	-13	10 : -39	Index Points
United States	102.40	May/19	97.2	111 : 51.7	Index Points