Lower numbers than forecast tend to be bullish for xxx/EUR pairs and bearish for EUR/xxx pairs.
The typical/expected impact on EUR pairs is medium.
There is no forecast value for Gfk Consumer Confidence Survey yet - check back for updates.
The most recent announced value for Gfk Consumer Confidence Survey was -26.9 against a forecast of -23.2.
Recent economic data has been strongly bearish for EUR. Other recent announcements which may affect the market's interpretation of the next Gfk Consumer Confidence Survey result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Harmonized Index of Consumer Prices (YoY) | Bearish change | 3.2% | 3% | ||
| Gross Domestic Product (QoQ) | Bearish change | 0.7% | 0.6% | ||
| Consumer Confidence | Bearish change | -14.2 | -14.6 | ||
| Producer Price Index (MoM) | Bearish change | 0.1% | 0% | ||
| Producer Price Index (YoY) | Bearish change | -1.8% | -2.3% | ||
| Core Harmonized Index of Consumer Prices (MoM) | (no change) | -0.5% | -0.5% | ||
| Core Harmonized Index of Consumer Prices (YoY) | (no change) | 2.4% | 2.4% | ||
| Harmonized Index of Consumer Prices (MoM) | (no change) | -0.3% | -0.3% | ||
| IFO – Business Climate | Bearish change | 88 | 87.6 | ||
| IFO – Current Assessment | (no change) | 85.6 | 85.6 | ||
| IFO – Expectations | Bearish change | 90.5 | 89.7 |
| Country: | Germany |
|---|---|
| Currency: | EUR |
| Source: | Growth from Knowledge |
| Category: | Consumption |
| Frequency: | Monthly |