Germany's consumer confidence unexpectedly declines in March — survey shows

2026-02-25 08:23:38

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Investing.com – A survey shows that German consumer confidence is unexpectedly worsening in March, with household spending willingness significantly declining amid geopolitical tensions and concerns over government social policies.

The consumer confidence index released by GfK Market Research Institute and Nuremberg Institute for Market Decision Research shows the index fell to -24.7 points in March, below the revised -24.2 points in February, contrary to analysts’ expectations of an increase to -23.1 points.

Overall confidence was dragged down by a decline in consumers’ willingness to purchase, with the indicator dropping from -4.0 in January to -9.3 in February.

An increase of 1.0 point in savings willingness also contributed to this decline.

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