Economic uncertainty: Survey: Germans worry about financial future
Of the approximately 1,000 participants in Germany, 28 percent expect a worse financial situation for themselves in the next twelve months
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Summary
Of the approximately 1,000 participants in Germany, 28 percent expect a worse financial situation for themselves in the next twelve months. Already 15 percent report that they have to rely on their savings to finance current expenses. 38 percent expect to have less money at the end of the month and 18 percent worry that they will not be able to pay their bills on time in the future.
Furthermore, 32 percent want to reduce their spending easily and 19 percent even significantly. The study surveyed 5,000 consumers in Germany, Ireland, Italy, Poland and the UK. The permanent confrontation with new stressors means that financial caution has become the new normal for many. A majority of 51 percent of respondents in Germany want to get financial uncertainty under control with savings.
In addition, With a share of 79 percent, they were somewhat more concerned in a survey on behalf of the credit agency Crif than the average in five European countries (78 percent). Succession of crises and uncertainties The results showed that many consumers still felt financially under pressure despite initial economic stabilization signals, says Crif CEO Frank Schlein. Many people have been experiencing a series of crises and uncertainties for years that have a lasting impact on their sense of security.
Cross-referenced from 4 sources.
Factual coreconfirmed by several independent voices
Of the approximately 1,000 participants in Germany, 28 percent expect a worse financial situation for themselves in the next twelve months.
reliability moderate2/2 sourcesAlready 15 percent report that they have to rely on their savings to finance current expenses.
reliability moderate2/2 sources38 percent expect to have less money at the end of the month and 18 percent worry that they will not be able to pay their bills on time in the future.
reliability moderate2/2 sources32 percent want to reduce their spending easily and 19 percent even significantly.
reliability moderate2/2 sourcesThe study surveyed 5,000 consumers in Germany, Ireland, Italy, Poland and the UK.
reliability moderate2/2 sourcesThe permanent confrontation with new stressors means that financial caution has become the new normal for many. A majority of 51 percent of respondents in Germany want to get financial uncertainty under control with savings.
reliability moderate2/2 sourcesWith a share of 79 percent, they were somewhat more concerned in a survey on behalf of the credit agency Crif than the average in five European countries (78 percent).
reliability moderate2/2 sourcesSuccession of crises and uncertainties The results showed that many consumers still felt financially under pressure despite initial economic stabilization signals, says Crif CEO Frank Schlein. Many people have been experiencing a series of crises and uncertainties for years that have a lasting impact on their sense of security.
reliability moderate2/2 sources
Disputedincompatible versions — to verify
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Sources3 sources cross-checked
Center-left2
Center-right1