The Latest Breaking News from GfK

GfK’s long-running Consumer Confidence Index increased by two points in October – although it still languishes at minus 17.

The dollar index (DXY00 ) on Thursday rose by +0.64% to a 3-week high. The dollar rallied as Thursday’s US economic reports were hawkish for Fed policy. US Q2 GDP expanded more than expected, weekly jobless claims unexpectedly fell to a 2-month low, and August core (ex-defense and aircraft) capital...

GfK’s Consumer Confidence Index increased by two points to minus 17 in August, likely because of the latest cut to interest rates.

Researchers suggested the figures showed that consumers are currently ‘sensing stormy conditions ahead’.

Analysts say households are remaining cautious under ‘dark shadow of inflation’

GfK’s long-running Consumer Confidence Index rose two points but remains firmly in negative territory at minus 18.

GfK’s survey was taken before Wednesday’s figures showed Consumer Prices Index inflation has jumped to its highest level since January 2024.

German consumer sentiment improves for a second month in April, driven by higher income expectations and lower savings, but remains weak amid ongoing recession fears, GfK and NIM report.

GfK index falls by four points in April to -23 as domestic tax increases and rising bills also weigh on households