German Gfk consumer sentiment improves to -18.4, driven by income expectations

Germany’s Gfk Consumer Sentiment for August rose to -18.4, surpassing expectations of -21.1, and marking an improvement from July’s -21.6. In July, economic expectations jumped from 2.5 to 9.8, and income expectations surged from 8.2 to 19.7, reaching their highest level since October 2021. Willingness to buy also improved, rising from -13.0 to -8.4, while […]

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