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Survey: German consumer sentiment during the coronavirus crisis

Despite the lifting of restrictions, optimism about an economic recovery and spending intent has remained low.

Fewer German consumers reported a decline in household income than did four weeks ago. They expect the crisis to continue to impact their routine for more than two months, but are more optimistic about the personal financial impact. Though the digital channel has seen growth in some discretionary categories, many consumers intend to go back to in-store shopping after the crisis, especially for groceries. Most Germans are not engaging in regular out-of-home activities and are waiting for milestones beyond government lifting restrictions.

These exhibits are based on survey data collected in Germany from June 18–21, 2020. Check back for regular updates on German consumer sentiments, behaviors, income, spending, and expectations.

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