Consumer confidence: current sentiment & forecasts

The GfK Consumer Climate survey, which is being conducted regularly since 1974 and monthly 1980, is regarded as an important indicator of German consumer behavior and a guiding light for Germany's economic development. The Consumer Climate is based on about 2,000 monthly consumer interviews that are conducted on behalf of the European Commission.

Since October 2023, the consumer climate data collected by GfK is being analyzed and published jointly with the Nuremberg Institute for Market Decisions (NIM). By joining forces, it will be possible to invest further in the analysis and development of the Consumer Climate study to gain an even better understanding of the background to changes in consumer confidence.

Planned publication dates (CET):

Thursday, June 26, 2025, 8 a.m.
Thursday, July 24, 2025, 8 a.m.
Wednesday, August 27, 2025, 8 a.m.
Thursday, September 25, 2025, 8 a.m.
Tuesday, October 28, 2025, 8 a.m.
Thursday, November 27, 2025, 8 a.m.
Friday, December 19, 2025, 8 a.m.

Latest consumer climate

Increasing Willingness to Save Dampens Further Recovery in Consumer Climate

Nuremberg, June 25, 2025 – Consumer sentiment in Germany shows no clear trend in June. Economic and income expectations are improving. In contrast, the willingness to buy remains virtually unchanged and the willingness to save is increasing. The consumer climate indicator forecasts a slight decrease of 0.3 points to -20.3 points for July 2025 compared with the previous month (revised -20.0 points). These are the findings of the GfK Consumer Climate powered by NIM for June, which has been published jointly by NIQ/GfK and the Nuremberg Institute for Market Decisions (NIM), the founder of GfK, since October 2023.