German consumer confidence slipped in November as energy cost rises tied to the Iran war continued to pressure household finances, Nuremberg-based Institute for Market Decisions (NIM) and GfK said on Wednesday. GfK’s November consumer confidence index fell to -30.8 from -30.6 in October. NIM consumer sentiment head Rolf Buerkl said rising inflation concerns and a weak income outlook are keeping consumers doubtful about their personal finances and curbing willingness to make big-ticket purchases,

2026-10-28

German consumer confidence slipped in November as energy cost rises tied to the Iran war continued to pressure household finances, Nuremberg-based Institute for Market Decisions (NIM) and GfK said on Wednesday. GfK’s November consumer confidence index fell to -30.8 from -30.6 in October. NIM consumer sentiment head Rolf Buerkl said rising inflation concerns and a weak income outlook are keeping consumers doubtful about their personal finances and curbing willingness to make big-ticket purchases, even as optimism about the broader economy has increased.