German consumer sentiment weakens unexpectedly as geopolitical tensions weigh on spending

German consumer confidence fell to -24.7 points for March as geopolitical tensions discouraged spending. Households are saving more amid policy uncertainty.

Germany DEDE's consumer sentiment index, published by the GfK market research institute and the Nuremberg Institute for Market Decisions (NIM), fell to -24.7 points for March, according to data released today, February 25, 2026. This unexpected weakening from a revised -24.2 points in February was contrary to analysts' expectations, which had forecasted a rise to -23.1 points. The decline signals a cooling in household expectations as the national economy continues to struggle for traction.
People walk next to a Doner kebab and Currywurst booth on the Kurfuerstendamm shopping street in Berlin, Germany, on December 18, 2023. REUTERS/Lisi Niesner/File Photo
People walk next to a Doner kebab and Currywurst booth on the Kurfuerstendamm shopping street in Berlin, Germany, on December 18, 2023. REUTERS/Lisi Niesner/File Photo
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