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 27 November 2024 09:30

Previous
-18.4
Revised
-18.4
Forecast
-18.6
Actual
-23.3

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

Next event - Thursday 19 December 2024 07:00

Previous
-
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 -23.3 against a forecast of -18.6.

Past events

Date
Forecast
Actual
Wednesday 27 November 2024 09:30
-18.6
-23.3
Tuesday 29 October 2024 07:00
-20.5
-18.3
Thursday 26 September 2024 06:00
-21.5
-21.2
Tuesday 27 August 2024 06:00
-17.5
-22
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

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
Industrial Production s.a. (MoM)Bullish change-1.5%0%
Harmonized Index of Consumer Prices (YoY)(no change)2.4%2.4%
Consumer Price Index (EU norm) (YoY)(no change)1.7%1.7%
Trade Balance s.a.Bearish change€17B€13.4B
Harmonized Index of Consumer Prices (MoM)(no change)-0.7%-0.7%
Harmonized Index of Consumer Prices (YoY)(no change)2.4%2.4%
Sentix Investor ConfidenceBearish change-12.8-17.5
Employment Change (QoQ)(no change)0.2%0.2%
Gross Domestic Product s.a. (QoQ)(no change)0.4%0.4%
Gross Domestic Product s.a. (YoY)(no change)0.9%0.9%
Industrial Production n.s.a. w.d.a. (YoY)Bearish change-4.3%-4.5%
Industrial Production s.a. (MoM)Bullish change-2%-1%
Retail Sales (MoM)Bearish change0.5%-0.5%
Retail Sales (YoY)Bearish change3%1.9%
Factory Orders n.s.a. (YoY)Bullish change4.2%5.7%
Factory Orders s.a. (MoM)Bearish change7.2%-1.5%
Producer Price Index (MoM)Bullish change-0.6%0.4%
Producer Price Index (YoY)Bullish change-3.4%-3.2%
HCOB Composite PMIBullish change48.148.3
HCOB Composite PMIBearish change47.347.2
HCOB Services PMIBearish change49.449.3
HCOB Services PMIBearish change54.953.1
Unemployment Rate(no change)6.3%6.3%
Gross Domestic Product (QoQ)(no change)0%0%
Gross Domestic Product (YoY)(no change)0.4%0.4%
HCOB Manufacturing PMIBearish change43.243
HCOB Manufacturing PMIBearish change46.944.5
HCOB Manufacturing PMIBearish change54.553.1

About Gfk Consumer Confidence Survey

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