Consumer financial situation Germany 2020-2021

As of October 2021, the financial situation of consumers in Germany had changed by 0.2 percent compared to the month before. Previous months which fell on the coronavirus (COVID-19) lockdowns and closures in the country showed negative figures.

Change in the financial situation of consumers in Germany from October 2020 to October 2021

Characteristic	Net balance of responses in percentage points of total answers*
Oct '21	0.2%
Sep '21	1.8%
Aug '21	-1.2%
Jul '21	-1%
Jun '21	0.4%
May '21	-2.1%
Apr '21	-3.4%
Mar '21	-5.1%
Feb '21	-4.3%
Jan '21	-5.6%
Dec '20	-0.9%
Nov '20	-3.2%
Oct '20	-2.4%

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Release date

October 2021

More information

Region

Germany, EU

Survey time period

October 2020 to October 2021

Number of respondents

>44,000

Special properties

consumer households

Supplementary notes

* The data are published as a net balance i.e. the difference between positive and negative answers (in percentage points of total answers). Seasonally adjusted data.

The data published every month are derived from surveys conducted by national institutes in the Member States. The purpose of the Eurostat consumer survey is twofold: first, to collect information on households' spending and saving intentions, and second, to assess their perception of the factors influencing these decisions. The questions are organized around four topics: the households' financial situation, the general economic situation, savings and intentions with regard to major purchases. The consumer survey is entirely qualitative.

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