Consumer climate is on the rise

The Germans are gradually venturing back to their usual consumer behavior. Economic expectations are rising slightly for the third time in succession, and with it income expectations and the propensity to buy.

According to market researchers at Gfk, a sharp downturn in consumer sentiment, is immediately followed by a rapid recovery. For the third time in a row, the consumer climate is rising noticeably, and the indicator has thus recorded a growth of 23 points since its low point in spring.