European Investor
27 Aug 2026, 09:48
German Consumer Confidence Improves Sharply for September, Beating Forecasts
German consumer sentiment improved significantly heading into September, offering a positive signal for domestic demand in Europe’s largest economy.
The GfK/NIM Consumer Climate index rose to -26.6 for September from -29.4 previously. The reading was also considerably stronger than the -29.5 expected by economists.
Despite the improvement, confidence remains deeply negative, suggesting German households are still cautious about spending. Consumer sentiment has remained under pressure this year amid elevated prices, geopolitical uncertainty and concerns over the economic outlook.
German consumer sentiment improved significantly heading into September, offering a positive signal for domestic demand in Europe’s largest economy.
The GfK/NIM Consumer Climate index rose to -26.6 for September from -29.4 previously. The reading was also considerably stronger than the -29.5 expected by economists.
Despite the improvement, confidence remains deeply negative, suggesting German households are still cautious about spending. Consumer sentiment has remained under pressure this year amid elevated prices, geopolitical uncertainty and concerns over the economic outlook.
