German GfK consumer sentiment to deteriorate sharply

NAMPA / DPA
2024-11-27
Berlin (dpa-AFX) - German consumer confidence is set to deteriorate sharply at the end of the year as income expectations plunged to a nine-month low on growing fears of recession, a closely watched survey showed on Wednesday. The consumer sentiment index slid to -23.3 in December from a revised -18.4 in November, survey results jointly published by market research firm GfK and the Nuremberg Institute for Market Decisions revealed today. The con......
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