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):

Tuesday, May 27, 2025, 8 a.m.
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

Consumer Sentiment Improves – But Remains at a Low Level

Nuremberg, April 29, 2025 – Consumer sentiment in Germany continues its recovery in April that began in the previous month. Both income expectations and the willingness to buy show noticeable increases, while economic expectations improve only slightly. The willingness to save also declines significantly, thereby supporting the Consumer Climate: The indicator forecasts an increase of 3.7 points to -20.6 points for May 2025 compared with the previous month (revised -24.3 points). These are the findings of the GfK Consumer Climate powered by NIM for March, which has been published jointly by GfK and the Nuremberg Institute for Market Decisions (NIM), the founder of GfK, since October 2023.