Germany June GfK consumer sentiment -20.9 vs -22.5 expected

  • Latest data released by GfK - 29 May 2024
DEGFK
  • Prior -24.2; revised to -24.0

The good news is that German consumer sentiment is recovering further heading towards the end of Q2. GfK notes that "falling inflation rates combined with respectable wage and salary increases are boosting consumers' purchasing power".

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