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
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
Core Harmonized Index of Consumer Prices (MoM)Bearish change0.2%-0.6%
Core Harmonized Index of Consumer Prices (YoY)Bullish change2.7%2.8%
Harmonized Index of Consumer Prices (MoM)Bearish change0.3%-0.3%
Harmonized Index of Consumer Prices (YoY)Bullish change2%2.3%
Consumer Price Index (EU Norm) (YoY)Bullish change1%1.6%
Consumer Price Index (YoY)Bullish change0.9%1.4%
Unemployment ChangeBullish change27K7K
Unemployment Rate s.a.(no change)6.1%6.1%
Consumer Price Index (EU norm) (YoY)Bullish change1.6%1.7%
Retail Sales (MoM)Bearish change1.6%-1.5%
Retail Sales (YoY)Bearish change1.4%1%
Consumer Price Index (MoM)Bearish change0.4%-0.2%
Consumer Price Index (YoY)Bullish change2%2.2%
Harmonized Index of Consumer Prices (MoM)Bearish change0.4%-0.7%
Harmonized Index of Consumer Prices (YoY)(no change)2.4%2.4%
Business ClimateBullish change-0.93-0.77
Consumer ConfidenceBearish change-12.4-13.7
Economic Sentiment IndicatorBullish change95.795.8
Harmonized Index of Consumer Prices (YoY)Bullish change1.8%2.4%
IFO – Business ClimateBearish change86.585.7
IFO – Current AssessmentBearish change85.784.3
IFO – ExpectationsBearish change87.387.2
HCOB Manufacturing PMIBearish change4645.2
HCOB Composite PMIBearish change5048.1
HCOB Services PMIBearish change51.649.2
HCOB Composite PMIBearish change48.647.3
HCOB Manufacturing PMIBullish change4343.2
HCOB Services PMIBearish change51.649.4
HCOB Composite PMIBearish change48.144.8
HCOB Manufacturing PMIBearish change44.543.2
HCOB Services PMIBearish change49.245.7
Gross Domestic Product (QoQ)Bearish change0.2%0.1%
Gross Domestic Product (YoY)Bearish change-0.2%-0.3%
Gross Domestic Product w.d.a (YoY)Bearish change0.2%0.1%
Consumer ConfidenceBullish change-12.5-12.4
Producer Price Index (MoM)Bullish change-0.5%0.2%
Producer Price Index (YoY)Bullish change-1.4%-1.1%

About Gfk Consumer Confidence Survey

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