Germany’s GfK/NIM Consumer Climate improved from a revised -29.4 to -26.6 for September, comfortably beating consensus of -29.2. Improvement was driven by a sharp recovery in income expectations, which surged from -14.5 to +1.7, while economic expectations also strengthened from -6.3 to -3.9. Willingness to save eased from 17.0 to 15.5, providing another modest lift […]
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