Germany GfK March consumer sentiment -30.5 vs -30.4 expected

  • Latest data released by GfK - 24 February 2023
  • Prior -33.9; revised to -33.8

German consumer sentiment is set to improve again going into March, marking a fifth consecutive month of improvement. GfK notes that:

"Recent drops in energy prices and reports that experts believe a recession in Germany this year can now be avoided mean that optimism is slowly returning."

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