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Germany's Gfk consumer sentiment for November fell from -26.7 to -28.1. In October, economic expectations improved slightly from -3.4 to -2.4. Income expectations fell form -11.3 to -15.3. Propensity to buy ticked up from -16.4 to -16.3. Propensity to save rose from 8.0 to 8.5.
Germany Gfk Consumer Sentiment for March ticked up from -29.6 to -29.0, matched expectations. In February, economic expectations rose from -6.6 to -6.4. Income expectations improved notably from-20.0 to -4.8. Willingness to buy fell from -14.8 to -15.0. Willingness to save jumped from 14.0 to 17.4.
In a modest uptick, Germany's GfK Consumer Sentiment Index for April has slightly improved to -27.4 from March's -28.8, marginally above expectation of -27.8. March's data revealed an improvement in economic expectations and income outlooks, with the former rising to -3.1 from -6.4 and the latter to -1.5 from -4.8. However, the willingness to make purchases marginally declined from -15.0 to -15.3, and the propensity to save saw a notable drop from 17.4 to 12.4.
Germany's Gfk Consumer Sentiment for August rose to -18.4, surpassing expectations of -21.1, and marking an improvement from July's -21.6. In July, economic expectations jumped from 2.5 to 9.8, and income expectations surged from 8.2 to 19.7, reaching their highest level since October 2021. Willingness to buy also improved, rising from -13.0 to -8.4, while willingness to save slightly decreased from 8.2 to 8.0.
Germany's GfK Consumer Sentiment for September took a sharper downturn than expected, falling from -18.6 to -22.0, below the anticipated -18.3. August saw significant drops in key indicators: economic expectations plummeted from 9.8 to 2.0, income expectations nosedived from 19.7 to 3.5, and the willingness to buy dipped further from -8.4 to -10.9. Conversely, the willingness to save increased from 8.0 to 10.7, indicating a cautious approach to spending.
Germany's GfK Consumer Climate index for October showed a marginal improvement, rising from -21.9 to -21.2, though falling short of the expected -21.0. Despite the slight uptick, overall consumer sentiment remains weak. Economic expectations dipped from 2.0 to 0.7 in September, while income expectations saw a stronger rise, from 3.5 to 10.1. The willingness to buy also improved, increasing from -10.9 to -6.9, while the willingness to save climbed from 10.7 to 12.0.