The GfK Consumer Climate Indicator has played a significant role in influencing consumer sentiment in Germany. The indicator provides valuable insights into various economic factors that impact consumer behavior, such as income expectations, economic prospects, propensity to buy, and propensity to save. The slow improvement in consumer confidence in Germany, as highlighted by recent surveys […]

Consumer Confidence Index and GfK in Germany Overview of Consumer Confidence in Germany The GfK Consumer Climate Indicator for Germany experienced a slight improvement in April 2024, reaching -27.4 from the previous -28.8, exceeding market expectations. This increase was primarily driven by enhancements in income expectations and economic prospects, although the propensity to buy remained […]