In July, households expected their net household income to rise by an average of around €80 over the next twelve months. Following several months of rising expectations (April: approx. €85; May: approx. €105; June: approx. €120), expected income growth has thus fallen once again. Expectations still vary significantly when broken down by factors such as household income, gender and, in particular, age group. The median remains constant at €125. This can be explained by the fact that a large share of individuals have considered income growth of between €0 and €250 to be most likely each month since this survey was launched.

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The Deutsche Bundesbank conducts regular surveys of households’ expectations for unemployment, economic growth, rent prices, real estate prices, and interest rates on savings and loans. These data are used to calculate index figures, from which corresponding trends can be easily derived.

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