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 2023 publication dates
- Wednesday, December 20, 2023, 8:00 a.m.
- Friday, January 26, 2024, 8:00 a.m.
- Tuesday, February 27, 2024, 8:00 a.m.
- Tuesday, March 26, 2024, 8:00 a.m.
Latest consumer climate
Consumer Climate: Downward trend stopped for now
Nuremberg, Germany, November 28, 2023 – Consumer sentiment in Germany remains overall stable in November, with no significant changes. Willingness to buy is growing slightly, while income expectations have experienced a slight decline. Economic expectations remain almost unchanged compared to the previous month. The forecast value for the Consumer Climate for December is at -27.8 points, and thus 0.5 points above November (revised to -28.3 points). These are the findings of the GfK Consumer Climate powered by NIM for November 2023. As of October 2023, it is published jointly by GfK and the Nuremberg Institute for Market Decisions (NIM), the founder of GfK