GfK study on the consumer climate

German consumer sentiment falls to historic low

Less available income: High inflation rates have significantly reduced purchasing power in Germany as in many western countries.
Imago/Panthermedia
Less available income: High inflation rates have significantly reduced purchasing power in Germany as in many western countries.
After the second deterioration in a row, consumer sentiment in Germany has reached an all-time low. Germans' expectations regarding the economic outlook and income as well as their propensity to buy have been noticeably dampened in April. This was reported by the Nurember
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