The Index is calculated by the German Economy Institute “Gfk” (Growth for knowledge). The Institute is considered to be the oldest in Germany in the field of economic researches. It is situated in the city of Nuremberg. The Institute is also the world’s leader in the field of economical statistics. The Consumer Sentiment Index of Gfk Institute is the indicator of consumers’ sentiments not only in Germany but in Britain as well. It has a moderate influence on Euro, but is considered to be the most authoritative indicator of consumer’s sentiments in the region.
