In Germany, the purchase tendency increases while the rampance decreases. This emerges from current results of the GfK consumption climate study Powered by Nim. In addition, income expectations also records noticeable growth, while the economic expectation only increases slightly. Overall, the indicators for May 2025 predict an increase of 3.7 points compared to the previous month and thus to 20.6 points.
Rolf Bürkl, consumer expert at the Nuremberg Institute for Market decisions, says about the results: “The realignment of the trade policy of the US administration, which began with the announcement of strong tariff increases shortly before the start of the surveys at the beginning of April, has apparently not yet had the mood in Germany. View of an early fully capable government compensates for. ” It is important for German consumers that government formation can now be formed quickly. “This loses a central trigger of the previous uncertainty in importance – and accordingly the raffle has also decreased. We know from deeper analyzes that uncertainty is a major reason for the high level of savings. However, it remains to be seen whether the decline in savings tendency will continue in the coming months and will certainly also depend on how the trade conflict between the United States and the world will develop.”
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