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GfK: German Consumer Sentiment to Deteriorate in October Amid High Energy Prices

MT Newswires·09/25/2026 02:15:43
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02:15 AM EDT, 09/25/2026 (MT Newswires) -- German consumer sentiment is expected to fall in October, with the indicator down to -30.6 points from the revised -26.8 points in September, Growth from Knowledge said Friday. Analysts expected -27.1 points for the month. The latest reading reflects a "significant drop" in income expectations, reduced willingness to buy, and a rise in the willingness to save as most households expect high energy prices to erode their purchasing power.