German Gfk consumer sentiment drops to -24.7, no sign of recovery yet

Germany’s GfK Consumer Sentiment Index for March declined further from -22.6 to -24.7, missing expectations of -21.1. February data showed income expectations plunging -4.3 points to -5.4, marking a 13-month low, while the economic outlook for the next 12 months improved slightly by 2.8 points to 1.2. According to Rolf Bürkl, consumer expert at NIM, […]

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