Germany GfK Consumer Climate  2001-2017 | Data | Chart | Calendar

The GfK Consumer Climate Indicator for Germany is set to decline to 9.8 in April of 2017 from 10 in March and missing market consensus of 10. It is the lowest reading since December, amid rising inflation and purchasing power concerns. In March, income expectations dropped by 4.7 points to 43.4, marking the second straight month of fall. In contrast, economic expectations were up 8.4 points to 18.1; willingness to buy gained 3.9 points to 55.5, as the stable employment market trend reduced the fear of job losses. There is light at the end of the tunnel for the current minor blip in the consumer climate, if the inflation rate is to fall again due to the current decline in crude oil prices, GfK said. However, additional risks persist for the consumer climate, such as the uncertainty with regards to the economic direction of the USA, the imminent Brexit negotiations, as well as the open outcome of the elections in France, Germany and potentially in Italy. Consumer Confidence in Germany averaged 5.72 from 2001 until 2017, reaching an all time high of 16.80 in March of 2001 and a record low of -3.50 in March of 2003.

Germany GfK Consumer Climate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-01-26 07:00 AM Feb 10.2 9.9 10 10
2017-02-23 07:00 AM Mar 10.0 10.2 10.1 10.1
2017-03-23 07:00 AM Apr 9.8 10.0 10 9.8
2017-04-27 06:00 AM May 9.8 9.9 9.8
2017-05-25 06:00 AM Jun 9.43
2017-06-29 06:00 AM Jul 9.35




Germany Consumer Last Previous Highest Lowest Unit
Consumer Confidence 9.80 10.00 16.80 -3.50 [+]
Retail Sales MoM 1.80 -1.00 4.10 -4.70 percent [+]
Retail Sales YoY -2.10 2.70 9.70 -7.80 percent [+]
Consumer Spending 393.75 392.41 393.75 290.33 EUR Billion [+]
Disposable Personal Income 470.58 464.83 470.58 22.96 EUR Billion [+]
Personal Savings 9.90 9.70 17.30 7.80 percent [+]
Consumer Credit 231154.00 231488.00 236957.00 10926.00 EUR Million [+]
Private Sector Credit 2751338.00 2743876.00 2751338.00 6461.00 EUR Million [+]
Bank Lending Rate 2.55 2.42 6.55 2.42 percent [+]
Gasoline Prices 1.44 1.46 2.14 0.91 USD/Liter [+]
Households Debt To Gdp 53.50 53.40 70.90 34.90 percent of GDP [+]
Households Debt To Income 82.22 82.78 106.63 82.22 percent [+]


Germany GfK Consumer Climate Notes

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 April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
9.80 10.00 16.80 -3.50 2001 - 2017 Monthly
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Albania -10.40 Mar/17
Argentina 40.95 Mar/17
Armenia 42.60 Jun/16
Australia 99.00 Apr/17
Austria 4.00 Mar/17
Azerbaijan 23.80 Sep/14
Belgium 0.00 Apr/17
Brazil 103.40 Apr/17
Bulgaria -25.40 Mar/17
Canada 53.22 Apr/17
Cape Verde 10.00 Dec/16
Chile 37.00 Feb/17
China 111.00 Mar/17
Colombia -21.10 Mar/17
Croatia -14.70 Mar/17
Cyprus -1.50 Mar/17
Czech Republic 108.70 Mar/17
Denmark 7.40 Apr/17
Ecuador 36.20 Feb/17
Egypt 64.00 Dec/16
Estonia -2.10 Mar/17
Euro Area -3.60 Apr/17
European Union -3.40 Apr/17
Finland 22.90 Mar/17
France 100.00 Mar/17
Georgia -26.70 Jan/17
Germany 9.80 Apr/17
Greece -74.40 Mar/17
Hong kong 93.00 Dec/16
Hungary -11.50 Mar/17
Iceland 129.20 Mar/17
India 136.00 Dec/16
Indonesia 121.50 Mar/17
Ireland 101.90 Mar/17
Israel -10.90 Mar/17
Italy 107.60 Mar/17
Japan 43.90 Mar/17
Kazakhstan 78.00 Dec/16
Kyrgyzstan 27.80 Dec/16
Latvia -13.20 Mar/17
Lithuania -10.00 Mar/17
Luxembourg 14.20 Mar/17
Malaysia 69.80 Dec/16
Malta 3.10 Mar/17
Mexico 81.50 Mar/17
Morocco 73.50 Dec/16
Netherlands 26.00 Apr/17
New Zealand 111.90 Mar/17
Nigeria -29.80 Dec/16
Norway 5.20 Mar/17
Oman 78.80 Dec/16
Pakistan 176.51 Mar/17
Peru 87.00 Feb/17
Philippines 8.70 Mar/17
Poland -0.80 Apr/17
Portugal -3.40 Mar/17
Qatar 184.30 Sep/16
Romania -10.40 Mar/17
Russia -15.00 Mar/17
Saudi Arabia 94.00 Dec/16
Slovakia -7.40 Mar/17
Slovenia -5.00 Apr/17
South Africa -10.00 Dec/16
South Korea 96.70 Mar/17
Spain 99.70 Mar/17
Sweden 102.60 Mar/17
Switzerland -3.00 Mar/17
Taiwan 78.12 Mar/17
Thailand 76.80 Mar/17
Turkey 71.30 Apr/17
Ukraine 55.50 Mar/17
United Arab Emirates 108.00 Dec/16
United Kingdom -6.00 Mar/17
United States 98.00 Apr/17
Venezuela 57.00 Dec/16
Vietnam 112.00 Dec/16