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 - Wednesday 24 July 2024 06:00

Previous
-21.6
Revised
-21.6
Forecast
-21
Actual
-18.4

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

Trading range

Forecast history

The most recent announced value for Gfk Consumer Confidence Survey was -18.4 against a forecast of -21.

Past events

Date
Forecast
Actual
Wednesday 24 July 2024 06:00
-21
-18.4
Wednesday 26 June 2024 06:00
-18.9
-21.8
Wednesday 29 May 2024 06:00
-22.5
-20.9
Thursday 25 April 2024 06:00
-25.9
-24.2
Tuesday 26 March 2024 07:00
-27.8
-27.4
Tuesday 27 February 2024 07:00
-29
-29
Friday 26 January 2024 07:00
-24.5
-29.7
Wednesday 20 December 2023 07:00
-27
-25.1
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

Economic context

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

PreviousLatest
IFO – Business ClimateBearish change88.687
IFO – Current AssessmentBearish change88.387.1
IFO – ExpectationsBearish change88.886.9
HCOB Composite PMIBearish change50.950.1
HCOB Manufacturing PMIBearish change45.845.6
HCOB Services PMIBearish change52.851.9
HCOB Composite PMIBearish change50.448.7
HCOB Manufacturing PMIBearish change43.542.6
HCOB Services PMIBearish change53.152
HCOB Composite PMIBullish change48.849.5
HCOB Manufacturing PMIBearish change45.444.1
HCOB Services PMIBullish change49.650.7
Consumer ConfidenceBullish change-14-13
Producer Price Index (MoM)Bullish change0%0.2%
Producer Price Index (YoY)Bullish change-2.2%-1.6%
Core Harmonized Index of Consumer Prices (MoM)Bullish change0.3%0.4%
Core Harmonized Index of Consumer Prices (YoY)(no change)2.9%2.9%
Harmonized Index of Consumer Prices (MoM)(no change)0.2%0.2%
ZEW Survey – Current SituationBullish change-73.8-68.9
ZEW Survey – Economic SentimentBearish change47.541.8
ZEW Survey – Economic SentimentBearish change51.343.7
Consumer Price Index (EU Norm) (YoY)(no change)0.9%0.9%
Consumer Price Index (YoY)(no change)0.8%0.8%
Industrial Production s.a. (MoM)Bearish change0%-0.6%

About Gfk Consumer Confidence Survey

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