Germany June GfK consumer confidence -18.9 vs -18.0 expected

Latest data released by GfK - 26 May 2020

  • Prior -23.4; revised to -23.1

A mild rebound in consumer confidence but the tepid bounce serves as a reminder that the current situation remains extremely subdued. Economic conditions may be better than they were in April, but any quick or significant return to pre-virus levels is still way off.

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