Germany's consumer confidence is set to strengthen in June, results of a survey by market research firm GfK showed Friday.
The forward-looking index for June rose to 6.5 in June from 6.2 in May. Economists had forecast the indicator to remain unchanged at 6.2.
Economic expectations as well as income expectations of consumers improved in May. Following a moderate fall in April, economic expectations gained 1.3 points to -0.2.
German consumers are currently focusing on the extremely positive domestic situation when assessing the outlook for their financial position. As a result, income expectations increased 3.1 points to 33.9 in May.
At 37.7 points, the willingness to buy registered a marginal increase of 0.1 points from the prior month. This was the highest value since March 2012.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.