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Economic Buzz: German consumer sentments weaken
29-Jan-2025 17:52
German consumer sentiment is likely to weaken in February, survey data jointly published by the market research group GfK and the Nuremberg Institute for Market Decisions showed on Wednesday. The consumer climate index fell unexpectedly to -22.4 in February from revised -21.4 in January. The indicator was expected to rise to -20.5. A sustained recovery in the consumer climate is currently not in sight, especially as the inflation has also risen again recently. Consumers' assessment of general economic situation over the coming year dropped 1.9 points to -1.6 in January.

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