GfK Germany Consumer Climate: December 2024

Thu, Dec 19, 2024 · 2:00 AM ET Source Next release · Nov 26, 2:00 AM ET
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German economic expectations improved 3.9 pts to 0.3 in December, the same reading as a year ago. Income expectations also increased, by 4.9 pts to 1.4, but are still lower than the summer amidst weaker growth expectations and rising unemployment expectations. Willingness to buy remained weak but improved slightly, up 0.6 pts to -5.4. Willingness to save, alternatively, dropped -6.0 pts to 5.9. The early reading of January consumer sentiment improved slightly, by 1.8 pts to -21.3, but has mostly stagnated since the middle of 2024.