Germany October GfK consumer sentiment -26.5 vs -26.0 expected

  • Latest data released by GfK - 27 September 2023
  • Prior -25.5; revised to -25.6

German consumer morale remains in the doldrums as households are pulling back on spending amid high inflation. GfK says that "the chances of a recovery in consumer sentiment are likely to have fallen to zero before the end of the year".

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