Financial News: German GfK Consumer Sentiment To Continue Falling On

German GfK Consumer Sentiment To Continue Falling On Weak Income Expectations

10/28/2025 - 07:51:00 (RTTNews)

(RTTNews) - German consumer confidence is likely to continue its downward trend in November on weaker income expectations, monthly survey data published jointly by NIQ/GfK and the Nuremberg Institute for Market Decisions showed Tuesday.

The forward-looking consumer climate indicator fell unexpectedly to -24.1 in November from revised -22.5 in October. The score was expected to improve to -22.0.

The decline in income expectations was the reason for the renewed decrease in consumer climate. There were slight increases in economic expectations and the willingness to buy.

"The ongoing tense geopolitical situation, increasing fears of inflation, and again growing concerns about jobs are destroying hopes for a short-term recovery in Consumer Climate," said NIM head of consumer climate Rolf Burkl.

The income expectations index declined sharply to 2.3 in October from 15.1 in September. The index hit the lowest since March.

On the other hand, the economic expectations index rose to 0.8 from -1.4. After three consecutive decreases, economic sentiment almost reached the same level as seen in the last year.

The willingness to buy index stood at -9.3, up from -11.6 a month ago. Despite the improvement, the indicator remained at a low level as persistently high food and energy prices was cited as a major factor in consumers' reluctance to buy.

The willingness to save index eased to 15.8 in October from 16.1 in the previous month. The survey was conducted between October 2 and 13.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Rebounds Less Than Previously Estimated In December (08 hr(s), 33 min(s), 35 sec(s) ago)
(RTTNews) - Consumer sentiment in the U.S. rebounded by less than previously estimates in the mont ...Full Story»

U.S. Existing Home Sales Rise Less Than Expected In November (08 hr(s), 44 min(s), 35 sec(s) ago)
(RTTNews) - Existing home sales in the U.S. saw a modest increase in the month of November, the Na ...Full Story»

German Producer Prices Fall Most In 19 Months (10 hr(s), 15 min(s), 35 sec(s) ago)
(RTTNews) - The declining trend in German producer prices deepened in November amid cheaper energy ...Full Story»

Russia Cuts Key Rate By 50 Bps As Expected (10 hr(s), 32 min(s), 35 sec(s) ago)
(RTTNews) - Russia's central bank cut its interest rate by 50 basis points on Friday but reite ...Full Story»

French Producer Prices Rise 1.1% In November (11 hr(s), 10 min(s), 35 sec(s) ago)
(RTTNews) - France's producer prices increased for the first time in four months in November, ...Full Story»

Italy Current Account Surplus Rises In October (11 hr(s), 26 min(s), 35 sec(s) ago)
(RTTNews) - Italy's current account surplus increased somewwhat in October from the previous y ...Full Story»

Eurozone Current Account Surplus At 3-Month High (12 hr(s), 16 min(s), 35 sec(s) ago)
(RTTNews) - The euro area current account surplus rose to a three-month high in October, figures f ...Full Story»

Bank Of Japan Lifts Policy Rate; Hints At More Hikes (12 hr(s), 42 min(s), 35 sec(s) ago)
(RTTNews) - The Bank of Japan raised its benchmark rate by a quarter-point to the highest level in ...Full Story»