Consumer confidence in Germany is set to fall in March as rising prices and economic and political uncertainty pushed up households' willingness to save, while their economic expectations turned pessimistic, survey data published jointly by NIQ/GfK and the Nuremberg Institute for Market Decisions showed Wednesday.
The forward-looking consumer sentiment index dropped to -24.7 from -24.2 in February. The reading was weaker than economists' forecast of -23.0.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.