Germany September GfK consumer sentiment -36.5 vs -31.8 expected

  • Latest data released by GfK - 26 August 2022
Germany GfK
  • Prior -30.6; revised to -30.9

Soaring energy prices continues to push German consumer sentiment to new lows as households brace for power bills that could go through the roof - almost literally if you look at the charts. GfK notes that:

"Fear of significantly higher energy costs in the coming months is forcing many households to take precautions to put money aside for future energy bills."

Top Brokers

Sponsored

General Risk Warning