Germany May GfK consumer sentiment -25.7 vs -27.9 expected

  • Latest data released by GfK - 26 April 2023
GfK
  • Prior -29.5; revised to -29.3

German consumer morale picked up going into May as softer energy prices and wage increases are helping to lift the mood among households. This is the seventh monthly improvement in consumer sentiment although it still remains below the levels seen during the pre-pandemic period.

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