Germany Consumer Confidence
Last updated:
Source: Eurostat table EI_BSCO_M indicator BS-CSMCI monthly not season adjusted
Source description: Monthly consumer confidence indicator (balance) for Germany.
Table ID: macro_economics/consumer/eu_consumer_sentiment
Key findings:
- German consumer sentiment remains negative at -14.3, indicating cautious household spending mood.
- Recent sideways movement suggests no clear new demand impulse, keeping sentiment below historical levels.
- Read alongside Germany Housing Market Activity, the sentiment at -14.3 points to a fragile consumer backdrop.
Latest data:
| date | value |
|---|---|
| 2025-10-01 | -10.9 |
| 2025-11-01 | -11.5 |
| 2025-12-01 | -12 |
| 2026-01-01 | -9.2 |
| 2026-02-01 | -10.2 |
| 2026-03-01 | -14 |
| 2026-04-01 | -18.9 |
| 2026-05-01 | -16.5 |
| 2026-06-01 | -14.7 |
| 2026-07-01 | -13.8 |
| 2026-08-01 | -12.6 |
| 2026-09-01 | -14.3 |
Methodology: Consumer Confidence Methodology
This indicator tracks monthly consumer sentiment in Germany based on the European Commission’s consumer confidence balance. The series reflects households’ expectations regarding their financial situation, the general economic outlook, and major purchase intentions.
Market Context
Consumer sentiment provides insight into households’ willingness to spend and their expectations about economic conditions. Changes in confidence often precede shifts in consumer spending, making the indicator a useful signal for demand in discretionary sectors such as furniture and home furnishings. Related indicators include the Germany Housing Market Activity, which indicates housing movement.
