GfK Consumer Confidence Index November 2024

• The GfK Consumer Confidence Index rose three points to -18 in November, a modest improvement in consumer sentiment.
• All five measures showed positive movement this month.

General economic situation

• Consumer perceptions of the general economic situation over the last 12 months improved by three points to -39, 10 points higher than November 2023.
• Expectations for the general economic situation over the next 12 months rose by two points to -26, matching the level recorded in the same period last year.

Personal finances

• The personal finances index over the past 12 months increased by one point to -9, which is 7 points higher than November 2023.
• Expectations for personal finances over the next 12 months improved by one point to 1, a 2-point improvement compared to November 2023.

Major purchases

• The Major Purchase Index rose by five points to -16, an 8-point improvement compared to November 2023.

Savings Index (not included in the overall measure)

• The Savings Index fell by three points to +24, down five points from November 2023.

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