Leading Indicators OECD: Component Series: Confidence Indicator: Original Series for Germany

DEULOCOCIORSTSAM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

-13.90

Year-over-Year Change

-36.82%

Date Range

1/1/1973 - 12/1/2023

Summary

The Leading Indicators OECD: Component Series: Confidence Indicator: Original Series for Germany measures consumer and business confidence in the German economy. This trend is a key indicator of economic growth and sentiment.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

This series tracks a composite index of leading indicators for the German economy, including measures of consumer confidence, business sentiment, and other forward-looking factors. It is used by economists and policymakers to assess the health and trajectory of the German economy.

Methodology

The data is collected through surveys of consumers and businesses and aggregated into a composite index.

Historical Context

The German confidence indicator is closely watched by global markets and informs policy decisions by the European Central Bank.

Key Facts

  • The German confidence indicator is a composite index of 7 sub-components.
  • The index is published monthly by the OECD.
  • Readings above 100 indicate an expanding economy.

FAQs

Q: What does this economic trend measure?

A: The Leading Indicators OECD: Component Series: Confidence Indicator: Original Series for Germany measures consumer and business confidence in the German economy.

Q: Why is this trend relevant for users or analysts?

A: This trend is a key leading indicator of economic growth and sentiment in Germany, providing insights into the health and trajectory of the largest economy in Europe.

Q: How is this data collected or calculated?

A: The data is collected through surveys of consumers and businesses and aggregated into a composite index by the OECD.

Q: How is this trend used in economic policy?

A: The German confidence indicator is closely watched by global markets and informs policy decisions by the European Central Bank.

Q: Are there update delays or limitations?

A: The index is published monthly with a short lag, providing timely insights into the German economy.

Related Trends

Citation

U.S. Federal Reserve, Leading Indicators OECD: Component Series: Confidence Indicator: Original Series for Germany (DEULOCOCIORSTSAM), retrieved from FRED.