The GfK Consumer Confidence Barometer is prepared on a monthly basis by the GfK Group located in Germany, on behalf of the EU commission.
The indicator is prepared upon the basis of the estimations of the questionnaire, where more than 2000 German consumers provide estimations of their spending in the coming month. Published as an index, the GfK indicator reflects the consumer confidence in the present economic climate in Germany, and their expectations for the near future.
Consumer confidence, and ultimately consumer spending, constitute one of the driving forces of the German economy, and as such reflects the overall economic conditions in the whole euro zone.
Periodicity of publication
The GfK consumer confidence survey is prepared on a monthly basis by the GfK Group.