Germany’s GfK Consumer Climate edged down from -29.3 to -29.6 for August, highlighting that household confidence remains deeply depressed despite modest improvement in some underlying indicators. The slight deterioration was driven by weaker income expectations and a renewed rise in precautionary saving, offsetting gains in willingness to buy and economic expectations. Income expectations fell from […]
The post Germany’s GfK Consumer Climate Slips to -29.6 as Income Outlook Weakens and Saving Stays Elevated appeared first on ActionForex.
