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GfK: German Consumer Sentiment to Slightly Deteriorate in November

MT Newswires·10/28/2026 03:19:53
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03:19 AM EDT, 10/28/2026 (MT Newswires) -- German consumer sentiment is expected to stabilize at a low level in November, with the indicator slipping slightly to -30.8 points from -30.6 points in October, Growth from Knowledge said Wednesday. Analysts expected -30.1 points for the month. The latest reading reflects a decline in income expectations and willingness to buy amid consumers' "subdued" income prospects and persistent inflation concerns, offsetting a moderate drop in willingness to save and a rise in economic expectations for the sixth straight month.