Confidence among German consumers is likely to stay unchanged in June, a survey by market research group GfK showed Friday.
The consumer confidence index for June was at 5.7, unchanged from the revised reading of May. The May score was revised from 5.6 reported previously.
Consumers were considerably more optimistic in May than in the previous month and willingness to buy also increased slightly, GfK said.
Economic expectations index improved by more than 11 points in May to 19.6 points. Nonetheless, the indicator for income expectations dropped slightly by one point.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.