By Maria Martinez
BERLIN, May 22 (Reuters) – German consumer sentiment recovered heading into June, as households’ income expectations improve, a survey found on Friday.
The consumer sentiment index, published by the Nuremberg Institute for Market Decisions (NIM) and the GfK market research institute, showed sentiment rising to -29.8 points for June from revised -33.1 points in May.
“Consumer Climate has, at least for the moment, ended its downward trend and is recovering somewhat this month,” said Rolf Buerkl, head of consumer climate at NIM.
Income expectations, which had deteriorated significantly at the start of the Iran war, are noticeably more positive than in April, with the indicator at -13.0 points up from -24.4 points.
Despite a slight increase, the willingness to buy remains subdued and the willingness to save is once again decreasing slightly.
JUN 2026 MAY 2026
Consumer climate -29.8 -33.1
Consumer climate components MAY 2026 APR 2026
– economic expectations -11.2 -13.7
– income expectations -13.0 -24.4
– willingness to buy -13.2 -14.4
– willingness to save 13.9 16.1
The survey period was April 30-May 11, 2026.
An indicator reading above zero signals year-on-year growth in private consumption. A value below zero indicates a drop compared with the same period a year earlier.
(Reporting by Maria Martinez, editing by Madeline Chambers, Kirsti Knolle)
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