• Consumer confidence in Germany is clearly enjoying tailwind again in April - GfK

Market news

27 April 2017

Consumer confidence in Germany is clearly enjoying tailwind again in April - GfK

Economic and income expectations have increased significantly and propensity to buy has also risen moderately. Thus, the consumer climate forecast for May stands at 10.2 points and is considerably higher than the April value of 9.8 points.

Consumers in Germany are confident that the national economy is on the right path in the coming months, as shown by the noticeable increase in economic expectation in April. The increasing economic optimism as well as a more moderate increase in prices mean that the income prospects of German citizens, which were already at a high level, have increased even further. The propensity to buy has also increased by around five points. The consumer climate index is predicted to jump to 10.2 points in May.

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