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

German GfK consumer sentiment is set to rise to 9.9 in January 2017 from 9.8 in December 2016 and in line with market expectations. It is the highest reading since October, driven by an increase in economic and income expectations while the willingness to buy fell slightly. "Consumers seem to be totally immune to a series of risk factors, such as the outcome of the US elections, Brexit, the flare-up in the financial crisis in Italy following the failed referendum and the resignation of Prime Minister Renzi, and the persistently high terror threat," the statement said. It appears as if consumers generally regard labor market conditions as playing the crucial role in their decision as to whether to make purchases. In addition to being stimulated by the low level of concern about unemployment, propensity to consume is also being positively influenced by historically low interest rates, it added. Consumer Confidence in Germany averaged 5.65 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)
2016-10-26 06:00 AM Nov 9.7 10 10 10.1
2016-11-24 12:00 PM Dec 9.8 9.7 9.7 9.9
2016-12-23 07:00 AM Jan 9.9 9.8 9.9 9.7
2017-01-26 07:00 AM Feb 9.9 9.9 10
2017-02-27 07:00 AM Mar 10.14
2017-03-29 07:00 AM Apr 10.20




Germany Consumer Last Previous Highest Lowest Unit
Consumer Confidence 9.90 9.80 16.80 -3.50 [+]
Retail Sales MoM -1.80 2.50 4.10 -4.80 percent [+]
Retail Sales YoY 3.20 -0.80 9.70 -7.80 percent [+]
Consumer Spending 392.37 389.84 392.37 290.33 EUR Billion [+]
Disposable Personal Income 464.16 463.85 464.16 22.96 EUR Billion [+]
Personal Savings 9.60 9.70 17.30 7.80 percent [+]
Consumer Credit 231488.00 228876.00 236957.00 10926.00 EUR Million [+]
Private Sector Credit 2742307.00 2724948.00 2742307.00 6461.00 EUR Million [+]
Bank Lending Rate 2.48 2.44 6.55 2.44 percent [+]
Gasoline Prices 1.44 1.40 2.14 0.91 USD/Liter [+]
Households Debt To Gdp 53.40 53.20 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 January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
9.90 9.80 16.80 -3.50 2001 - 2017 Monthly
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Albania -9.60 Dec/16
Argentina 44.48 Dec/16
Armenia 42.60 Jun/16
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Belgium 0.00 Jan/17
Brazil 100.30 Dec/16
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Canada 84.40 Dec/13
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Euro Area -4.90 Jan/17
European Union -4.30 Jan/17
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France 99.00 Dec/16
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Germany 9.90 Jan/17
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India 133.00 Sep/16
Indonesia 115.40 Dec/16
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Japan 43.10 Dec/16
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Lithuania -5.00 Dec/16
Luxembourg 11.80 Dec/16
Malaysia 73.60 Sep/16
Malta 1.70 Dec/16
Mexico 85.70 Dec/16
Morocco 73.80 Sep/16
Netherlands 13.00 Jan/17
New Zealand 113.10 Dec/16
Nigeria -29.80 Dec/16
Norway 0.35 Dec/16
Oman 83.10 Mar/16
Pakistan 174.19 Nov/16
Peru 104.00 Dec/16
Philippines 9.20 Dec/16
Poland -1.20 Jan/17
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Qatar 185.20 Mar/16
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Russia -18.00 Dec/16
Saudi Arabia 100.00 Sep/16
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Spain 100.70 Dec/16
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Turkey 66.90 Jan/17
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United States 98.10 Jan/17
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Vietnam 144.80 Dec/15