Consumer sentiment in Germany shows a mixed picture in October and therefore no clear trend. Economic expectations are increasing slightly and income expectations have suffered losses, while the propensity to buy remains almost unchanged. The forecast value for the Consumer Climate in November therefore falls to -28.1 points and is 1.4 points less than in the previous month (revised -26.7 points). These are the findings of the GfK Consumer Climate powered by NIM for October 2023. As of October 2023, it is published jointly by GfK and the Nuremberg Institute for Market Decisions (NIM), the founder of GfK. The renewed ... (full story)