FOREX TradingCharts.com

Financial News: German Consumer Sentiment To Improve Moderately In June

German Consumer Sentiment To Improve Moderately In June

05/27/2025 - 06:30:00 (RTTNews)

(RTTNews) - German consumer confidence is set to improve moderately to a seven-month high in June driven by strengthening economic and income expectations but overall level remained weak, a closely watched survey revealed Tuesday.

The consumer climate indicator rose to -19.9 in June from -20.8 in the previous month, a survey jointly published by the market research group GfK and the Nuremberg Institute for Market Decisions showed.

The indicator improved for the third straight month in June and hit the highest since November 2024.

"The unpredictable customs and trade policy of the US government, turbulence on the stock markets and fears of a third consecutive year of stagnation are reasons why the consumer climate remains weak," NIM Consumer Expert Rolf Burkl said.

The survey showed that the fall in willingness to buy and the rising willingness to save offset the noticeable growth in income and economic prospects.

Following a sharp fall in April, the savings indicator rose 1.6 points to 10.0 in May.

Underpinned by good wage settlements and a slight slowdown in inflation, income expectations strengthened sharply in April. The income expectations index rose 6.1 points to 10.4, the highest since October 2024.

However, the willingness to buy failed to gain from the improvement in income prospects. Employees were worried about job security amid heightened uncertainty over the trade policies of the US and rising unemployment.

Consequently, the willingness to buy sub-index slid 1.5 points to -6.4 in May.

Economic expectations among consumers strengthened fourth straight month in May. The corresponding index rose 5.9 points to 13.1.

Although expectations about future economic developments remained optimistic, it remains to be seen whether this optimism is justified, GfK said.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Consumer Sentiment Improves Slightly More Than Previously Estimated In June (34 min(s), 51 sec(s) ago)
(RTTNews) - A report released by the University of Michigan on Friday showed consumer sentiment in ...Full Story»

U.S. Consumer Prices Inch Up In Line With Expectations But Core Price Growth Exceeds Estimates (10 min(s), 51 sec(s) ago)
(RTTNews) - While the Commerce Department released a closely watched report on Friday showing cons ...Full Story»

Brazil Jobless Rate Falls To 6.2% (06 min(s), 51 sec(s) ago)
(RTTNews) - Brazil's unemployment rate decreased in the three months ending in May, figures fr ...Full Story»

Turkish Economic Confidence Steady At 96.7 (47 min(s), 51 sec(s) ago)
(RTTNews) - Turkey's economic sentiment remained stable in June after rising marginally in the ...Full Story»

Iceland Inflation Rises To 4.2% (14 min(s), 51 sec(s) ago)
(RTTNews) - Consumer price inflation in Iceland accelerated in June after easing in the previous m ...Full Story»

Eurozone Economic Sentiment Falls Unexpectedly (04 min(s), 51 sec(s) ago)
(RTTNews) - Eurozone economic sentiment weakened unexpectedly in June primarily driven by reduced ...Full Story»

Belgium Inflation Rises To 2.15% (48 min(s), 51 sec(s) ago)
(RTTNews) - Belgium's consumer price inflation rose for the first time in five months in June ...Full Story»

U.S. Consumer Prices Inch Up 0.1% In May, In Line With Estimates (43 min(s), 51 sec(s) ago)
(RTTNews) - The Commerce Department released a closely watched report on Friday showing consumer p ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Improves Slightly More Than Previously Estimated In June

06/27/2025 - 10:34 AM (RTTNews)
(RTTNews) - A report released by the University of Michigan on Friday showed consumer sentiment in ...Full Story>>

U.S. Consumer Prices Inch Up In Line With Expectations But Core Price Growth Exceeds Estimates

06/27/2025 - 10:10 AM (RTTNews)
(RTTNews) - While the Commerce Department released a closely watched report on Friday showing cons ...Full Story>>

Brazil Jobless Rate Falls To 6.2%

06/27/2025 - 10:06 AM (RTTNews)
(RTTNews) - Brazil's unemployment rate decreased in the three months ending in May, figures fr ...Full Story>>

Turkish Economic Confidence Steady At 96.7

06/27/2025 - 09:47 AM (RTTNews)
(RTTNews) - Turkey's economic sentiment remained stable in June after rising marginally in the ...Full Story>>

Iceland Inflation Rises To 4.2%

06/27/2025 - 09:14 AM (RTTNews)
(RTTNews) - Consumer price inflation in Iceland accelerated in June after easing in the previous m ...Full Story>>

Do not sell my personal information

Copyright © 2025. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.