High importanceDEEUR · Surveys · 28 Oct 2026 · 03:00 ET · in 10 d 19 h

German GfK consumer confidence (Nov)

Wed 28 October · 03:00 ET (08:00 Frankfurt) · in 10 d 19 h. How optimistic households feel about the economy.

Forecast
−32%
Previous
−30.6%
Actual
Due 03:00 ET

Below −33.9%In line −33.9% to −30.1%Above −30.1%

▏Forecast −32%○ Previous −30.6%

The levelsMeasured from its last 12 prints

BelowBelow −33.9%EUR down
EUR/USD down EUR/GBP down EUR/JPY down
In line−33.9% to −30.1%Limited follow-through
AboveAbove −30.1%EUR up
EUR/USD up EUR/GBP up EUR/JPY up

In line is the forecast ± how far this series usually lands from it (median miss 1.9%). Above or below that is a genuine surprise. EUR up or down is the playbook’s mapping for this release; the pairs show how each quote moves when EUR does. Arithmetic, not a forecast.

Its own historyLast 12 prints vs the forecast before each: 3 above · 1 in line · 8 below

−35.8%−31.9%−28%−24.1%−20.2%Oct ’25Dec ’25Feb ’26Apr ’26Jun ’26Aug ’26Nov (next)

— Forecast before the print● Actual▮ Next release: in-line range

Release history

ReleasedPeriodForecastActualPosition
25 Sep 2026Oct−27.4%−30.6%Below forecast
27 Aug 2026Sep−29.6%−26.6%Above forecast
24 Jul 2026Aug−28.5%−29.6%Below forecast
25 Jun 2026Jul−27.6%−29.2%Below forecast
22 May 2026Jun−34%−29.8%Above forecast
27 Apr 2026May−29.5%−33.3%Below forecast
26 Mar 2026Apr−26.5%−28%Below forecast
25 Feb 2026Mar−23.1%−24.7%Below forecast
28 Jan 2026Feb−25.8%−24.1%Above forecast
19 Dec 2025Jan−23.2%−26.9%Below forecast
27 Nov 2025Dec−23.2%−23.2%In line with forecast
28 Oct 2025Nov−22%−24.1%Below forecast

What moved

After it prints: EUR/USD, EUR/GBP and EUR/JPY from the hour before to the hour after, from 1-hour bars.