Germany’s consumer mood weakened in March, according to the latest Thomson Reuters IPSOS Primary Consumer Sentiment Index (PCSI), pointing to growing caution among households in Europe’s largest economy.
The PCSI for Germany fell to 44.73 in March 2026, down from 47.07 in February 2026. The decline underscores a deterioration in perceived economic conditions and household confidence compared with the previous month.
The updated reading, published on 12 March 2026, suggests that German consumers are becoming more cautious about spending and the broader economic outlook as the year progresses.