Consumers are ready to spend more, despite the lockdowns

Frankfurt - Jan Philipp Thiele - Unsplash

Source: Frankfurt - Jan Philipp Thiele - Unsplash

German consumers are known to be keen on saving money when there is an economic crisis. Faced with what they call the “Corona crisis,” they have saved an estimated €230 billion since March 2020, when the crisis began, but they are said to be eager to spend more again once ...

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