Consumer confidence in Germany rises after the election and may further strengthen in the future.

Jin10 Data reported on March 28 that consumer confidence in Germany has slightly improved after the elections, and it may further strengthen in the coming months as Germany implements plans to significantly increase defense and infrastructure spending. The GfK consumer confidence index in Germany rose slightly to -24.5 in April, up 0.1 points from March. The prospects of the elections and the new government have alleviated the pessimism of many consumers. However, Rolf Birkler, a consumer expert at the Nuremberg Market Decision Research Institute, stated that the renewed willingness to save casts a shadow over the overall situation. He noted that the increase in the willingness to save may reflect consumer uncertainty. He emphasized that quickly forming a government after the February elections is crucial for improving planning security.