Germany August GfK consumer sentiment -30.6 vs -28.9 expected

  • Latest data released by GfK - 27 July 2022
Germany GfK
  • Prior -27.4; revised to -27.7

German consumer morale plunges to a record low as rising prices and now the looming gas crunch is weighing heavily on sentiment. GfK notes that fears that there won't be enough gas come winter is the main reason causing sentiment to plummet.

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