German consumer climate falls to new record low

egor-myznik-iivZbovhbE8-unsplash

Source: Egor Myznik on Unsplash

According to GfK, German consumers were more uncertain than ever in June 2022. At minus 27.4 points, consumer sentiment has never been lower since the first German consumer climate survey in 1991. Above all, German consumers are more pessimistic about their own income than they have been for decades. According ...

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