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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
GermanyGermany Consumer Confidence climbed to -29.8% in June 2025
FMPMonthlyReleased May 2026
Germany Consumer Confidence climbed to -29.8% in June 2025, released May 2026, up 3.3% from May's -33.1% reading. The print exceeded the -34.0% consensus by 4.2%. The print is running well below the 12-month average of -24.33%. Over the past 3 months, Consumer Confidence averaged -28.67%, vs -24.73% in the prior 3-month window. The reading is in the 9th percentile of the trailing 24-month range.
Latest Release
-29.8
Actual
-34
Consensus
-33.1
Previous
Median Absolute Error
±1.85 percentage points
across last 12 releases
Last Call
May 2026
Predicted: -34.6
Actual: -29.8
Error: -4.8
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/USD | ▼ Inverse | −0.44 | FOREX | Bearish EUR | → View |
| EUR/GBP | ▼ Inverse | −0.43 | FOREX | Bearish EUR | → View |
| Euro STOXX 50 | ▲ Direct | +0.36 | INDEX | Bullish Euro STOXX 50 | → View |
| XAU/USD | ▲ Direct | +0.32 | COMMODITIES | Bullish XAU | → View |
| FTSE 100 | ▲ Direct | +0.30 | INDEX | Bullish FTSE 100 | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Consumer Confidence (Germany) was reported at -29.8% in May 2026. This beat the market consensus of -34% by 4.2%. The reading rose from the previous value of -33.1%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged -24.41%, ranging from -29.8% to -20.3% across 11 releases. This is classified as a high-impact indicator released on a monthly basis.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged -27.5%, down from the prior three at -24.73%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with EUR/USD (Bearish EUR). A secondary relationship exists with EUR/GBP, negatively correlated (Bearish EUR). Over the last 12 releases, the Sigmacast model's median absolute error is 1.85%.
WHAT TO WATCH NEXT
The next release is scheduled for June 25, 2026. Same-country events in the next 14 days include Wholesale Prices MoM (Jun 15) and Wholesale Prices YoY (Jun 15).
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Consumer Confidence - DE
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About Consumer Confidence — Germany
DEFINITION
Index The Consumer Confidence Index is a widely recognized financial indicator that measures the level of optimism or pessimism among consumers regarding the state of the economy. It is based on surveys and data collected from a representative sample of households, and is used by economists and investors to gauge consumer spending patterns and overall economic health. A higher index value indicates a positive outlook, while a lower value suggests a more negative sentiment. This index is a valuable tool for businesses and policymakers in making informed decisions and predicting future economic trends.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. Surprises against consensus typically move rates and currencies on release. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2025): actual -29.8 %, consensus -34 %. Prior reading (May 2025): -33.3 %. Before that (Apr 2025): -28 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a lower reading versus the latest print, with the 3-month outlook diverging from that direction. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with EUR/USD (Bearish EUR, r=-0.44) — a useful reference for forex-focused traders.