Germany Gfk consumer sentiment dropped to new record low, in a downward spiral

Germany Gfk consumer sentiment. for July dropped from -26.2 to -27.4, better than expectation of -27.7. But that’s nonetheless another record low since 1991. In June, economic expectations dropped from -9.3 to -11.7. Consumers continue to see a significant risk of recession in Germany. Income expectations dropped from -23.7 to -33.5, worst reading in almost […]

The post Germany Gfk consumer sentiment dropped to new record low, in a downward spiral appeared first on Action Forex.