Germany's consumer confidence is set to weaken sharply in September amid deterioration in economic expectations and the propensity to buy as well as an inclination to save, survey data showed Thursday.
The forward-looking consumer confidence indicator dropped to -1.2 from a revised -0.4 in August, the market-research group GfK said. Economists had expected the index to fall to -0.7. The economic expectations indicator fell for a second straight month, but remained at a high level. The reading dropped to 40.8 from 54.6. The propensity-to-buy index eased to 10.3 from 14.8 in the previous month. Carefree shopping is still not a reality in light of mandatory mask use and distance rules as well as stronger rise in prices, the GfK said.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.