GfK Consumer Confidence Index September 2023

• GfK’s Consumer Confidence Index increased four points in September to -21.
•  All five measures were up compared with last month.

General economic situation 

• Consumers’ measure of the general economic situation over the last 12 months is up five points at -47. This is 25 points higher than the same month a year ago. 
• Expectations for the general economic situation over the coming 12 months increased by six points to -24. This is 44 points higher than the same month a year ago.

 Personal finances 

• The personal finances index covering the last twelve months increased two points to -13, 15 points better than a year ago. 
• The forward-looking measure for personal finances over the next twelve months increased one point to -2, which is 38 points higher than the same time last year.

Major purchases 

• The Major Purchase Index increased four points to -20. This is 25 points higher than the same month a year ago.

Savings Index (not included in the overall measure) 

• The Savings Index was unchanged at +27. This is 16 points higher than a year ago.

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