Key highlights from the study,
- Income expectations advance by 6.6 points to 10.1, contributing to the modest enhancement in general belief.
- The upward pattern in earnings expectations supported the Willingness to Buy Indicator, which increased by 4 points to -6.9 points, its greatest level giventhat March 2022.
- However, the Economic Expectations Indicator decreased by 1.3 points to 0.7 points inthemiddleof issues about the labor market.
- The Willingness to Save Indicator likewise showed issues about the labor market and financial outlook, increasing by 1.3 points.
Nuremberg Institute for Market Decisions (NIM) customer specialist Rolf Buerkl commented on the September study, stating,
“After the serious problem in the previous month, the small enhancement in customer environment can be translated more as a stabilization at a low level. The customer environment has not enhanced consideringthat June 2024, when it hit -21 points. Therefore, the small boost cannot be analyzed as the start of a notic