Gfk Consumer Confidence Survey

The GfK Consumer Confidence is a leading index that measures the level of consumer confidence in economic activity. A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. Generally speaking, a high reading is positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).

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Most recent - Tuesday 28 November 2023 07:00

-28.1

Revised

Forecast

-27.9

Actual

-27.8

Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.

Next event - Wednesday 20 December 2023 07:00

-27.8

Forecast

Actual

The typical/expected impact on EUR pairs is medium.

There is no forecast value for Gfk Consumer Confidence Survey yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Gfk Consumer Confidence Survey was -27.8 against a forecast of -27.9.

Past events

Date

Forecast

Actual

Tuesday 28 November 2023 07:00

-27.9

-27.8

Tuesday 24 October 2023 06:00

-26.5

-28.1

Wednesday 27 September 2023 06:00

-26

-26.5

Tuesday 29 August 2023 06:00

-24.3

-25.5

Thursday 27 July 2023 06:00

-24.7

-24.4

Wednesday 28 June 2023 06:00

-23

-25.4

Thursday 25 May 2023 06:00

-24

-24.2

Wednesday 26 April 2023 06:00

-27.5

-25.7

Wednesday 29 March 2023 06:00

-29.2

-29.5

Friday 24 February 2023 07:00

-30.4

-30.5

Tuesday 24 January 2023 07:00

-33

-33.9

Wednesday 21 December 2022 07:00

-38

-37.8

Friday 25 November 2022 07:00

-39.6

-40.2

Thursday 27 October 2022 06:00

-41.9

Wednesday 28 September 2022 06:00

-39

-42.5

Friday 26 August 2022 06:00

-31.8

-36.5

Wednesday 27 July 2022 06:00

-28.9

-30.6

Tuesday 28 June 2022 06:00

-27.7

-27.4

Wednesday 25 May 2022 06:00

-26

Wednesday 27 April 2022 06:00

-16

-26.5

Tuesday 29 March 2022 06:00

-12

-15.5

Wednesday 23 February 2022 07:00

-6.3

-8.1

Thursday 27 January 2022 07:00

-7.8

-6.7

Tuesday 21 December 2021 07:00

-2.5

-6.8

Thursday 25 November 2021 07:00

-0.5

-1.6

Wednesday 27 October 2021 06:00

-0.5

0.9

Tuesday 28 September 2021 06:00

-1.8

0.3

Thursday 26 August 2021 06:00

-0.7

-1.2

Wednesday 28 July 2021 06:00

-0.3

Friday 25 June 2021 06:00

-4

-0.3

Thursday 27 May 2021 06:00

-5.2

-7

Wednesday 28 April 2021 06:00

-3.5

-8.8

Thursday 25 March 2021 07:00

-11.9

-6.2

Thursday 25 February 2021 07:00

-14.3

-12.9

Wednesday 27 January 2021 07:00

-7.9

-15.6

Tuesday 22 December 2020 07:00

-9.5

-7.3

Economic context

Recent economic data has been broadly neutral for EUR. Other recent announcements which may affect the market's interpretation of the next Gfk Consumer Confidence Survey result:

		Previous	Latest
Consumer Price Index (EU Norm) (YoY)	Bearish change	1.8%	0.7%
Consumer Price Index (YoY)	Bearish change	1.7%	0.8%
Core Harmonized Index of Consumer Prices (MoM)	Bearish change	0.2%	-0.6%
Core Harmonized Index of Consumer Prices (YoY)	Bearish change	4.2%	3.6%
Harmonized Index of Consumer Prices (MoM)	Bearish change	0.1%	-0.5%
Harmonized Index of Consumer Prices (YoY)	Bearish change	2.9%	2.4%
Unemployment Rate	(no change)	6.5%	6.5%
Unemployment Change	Bullish change	30K	22K
Unemployment Rate s.a.	Bearish change	5.8%	5.9%
Consumer Price Index (EU norm) (YoY)	Bearish change	4.5%	3.8%
Retail Sales (MoM)	Bullish change	-0.8%	1.1%
Retail Sales (YoY)	Bullish change	-4.3%	-0.1%
Consumer Price Index (MoM)	Bearish change	0%	-0.4%
Consumer Price Index (YoY)	Bearish change	3.8%	3.2%
Harmonized Index of Consumer Prices (MoM)	Bearish change	-0.2%	-0.7%
Harmonized Index of Consumer Prices (YoY)	Bearish change	3%	2.3%
Business Climate	Bearish change	-0.33	-0.39
Consumer Confidence	(no change)	-16.9	-16.9
Economic Sentiment Indicator	Bullish change	93.5	93.8
Harmonized Index of Consumer Prices (YoY)	Bearish change	3.5%	3.2%
IFO – Business Climate	Bullish change	86.9	87.3
IFO – Current Assessment	Bullish change	89.2	89.4
IFO – Expectations	Bullish change	84.8	85.2
Gross Domestic Product (QoQ)	(no change)	-0.1%	-0.1%
Gross Domestic Product (YoY)	Bearish change	-0.3%	-0.4%
Gross Domestic Product w.d.a (YoY)	(no change)	-0.8%	-0.8%
HCOB Composite PMI	Bullish change	46.5	47.1
HCOB Manufacturing PMI	Bullish change	43.1	43.8
HCOB Services PMI	Bullish change	47.8	48.2
HCOB Composite PMI	Bullish change	45.9	47.1
HCOB Manufacturing PMI	Bullish change	40.8	42.3
HCOB Services PMI	Bullish change	48.2	48.7
HCOB Composite PMI	Bearish change	44.6	44.5
HCOB Manufacturing PMI	Bearish change	42.8	42.6
HCOB Services PMI	Bullish change	45.2	45.3
Consumer Confidence	Bullish change	-17.8	-16.9
Producer Price Index (MoM)	Bullish change	-0.2%	-0.1%
Producer Price Index (YoY)	Bullish change	-14.7%	-11%
Core Harmonized Index of Consumer Prices (MoM)	(no change)	0.2%	0.2%
Core Harmonized Index of Consumer Prices (YoY)	(no change)	4.2%	4.2%
Harmonized Index of Consumer Prices (MoM)	(no change)	0.1%	0.1%

About Gfk Consumer Confidence Survey

Country:	Germany
Currency:	EUR
Source:	Growth from Knowledge
Category:	Consumption
Frequency:	Monthly

Related events

	Australia		Retail Sales s.a. (MoM)
	Canada		Retail Sales (MoM)
	China		Retail Sales (YoY)
	Germany		Retail Sales (YoY)
	Eurozone		Retail Sales (YoY)
	New Zealand		Retail Sales (QoQ)
	United States		Michigan Consumer Sentiment Index
	United States		Retail Sales (MoM)
	United States		Retail Sales Control Group
	Australia		Westpac Consumer Confidence
	Australia		Retail Sales (QoQ)
	Canada		Retail Sales ex Autos (MoM)
	Switzerland		Real Retail Sales (YoY)
	Germany		Retail Sales (MoM)
	Eurozone		Consumer Confidence
	Eurozone		Retail Sales (MoM)
	Japan		Large Retailer Sales
	Japan		Overall Household Spending (YoY)
	Japan		Retail Trade s.a (MoM)
	Japan		Retail Trade (YoY)
	New Zealand		ANZ – Roy Morgan Consumer Confidence
	New Zealand		Retail Sales ex Autos (QoQ)
	New Zealand		Westpac Consumer Survey
	United Kingdom		BRC Like-For-Like Retail Sales (YoY)
	United Kingdom		Retail Sales ex-Fuel (MoM)
	United Kingdom		GfK Consumer Confidence
	United Kingdom		Retail Sales (MoM)
	United Kingdom		Retail Sales ex-Fuel (YoY)
	United Kingdom		Retail Sales (YoY)
	United States		Consumer Confidence
	United States		Retail Sales ex Autos (MoM)
	United States		UoM 5-year Consumer Inflation Expectation
	United States		Personal Consumption Expenditures Prices (QoQ)
	United States		Core Personal Consumption Expenditures (QoQ)
	United States		Personal Spending

Calendar - Gfk Consumer Confidence Survey - Germany

Gfk Consumer Confidence Survey

Most recent - Tuesday 28 November 2023 07:00

Next event - Wednesday 20 December 2023 07:00

Trading range

Trading range after each Gfk Consumer Confidence Survey event

Forecast history

Past events

Economic context

About Gfk Consumer Confidence Survey

Related events