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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).

Most recent - Tuesday 28 November 2023 07:00

Previous
-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

Previous
-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
-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
-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
1
-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:

PreviousLatest
Consumer Price Index (EU Norm) (YoY)Bearish change1.8%0.7%
Consumer Price Index (YoY)Bearish change1.7%0.8%
Core Harmonized Index of Consumer Prices (MoM)Bearish change0.2%-0.6%
Core Harmonized Index of Consumer Prices (YoY)Bearish change4.2%3.6%
Harmonized Index of Consumer Prices (MoM)Bearish change0.1%-0.5%
Harmonized Index of Consumer Prices (YoY)Bearish change2.9%2.4%
Unemployment Rate(no change)6.5%6.5%
Unemployment ChangeBullish change30K22K
Unemployment Rate s.a.Bearish change5.8%5.9%
Consumer Price Index (EU norm) (YoY)Bearish change4.5%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 change0%-0.4%
Consumer Price Index (YoY)Bearish change3.8%3.2%
Harmonized Index of Consumer Prices (MoM)Bearish change-0.2%-0.7%
Harmonized Index of Consumer Prices (YoY)Bearish change3%2.3%
Business ClimateBearish change-0.33-0.39
Consumer Confidence(no change)-16.9-16.9
Economic Sentiment IndicatorBullish change93.593.8
Harmonized Index of Consumer Prices (YoY)Bearish change3.5%3.2%
IFO – Business ClimateBullish change86.987.3
IFO – Current AssessmentBullish change89.289.4
IFO – ExpectationsBullish change84.885.2
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 PMIBullish change46.547.1
HCOB Manufacturing PMIBullish change43.143.8
HCOB Services PMIBullish change47.848.2
HCOB Composite PMIBullish change45.947.1
HCOB Manufacturing PMIBullish change40.842.3
HCOB Services PMIBullish change48.248.7
HCOB Composite PMIBearish change44.644.5
HCOB Manufacturing PMIBearish change42.842.6
HCOB Services PMIBullish change45.245.3
Consumer ConfidenceBullish 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
 
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