Sage Investment Club

  • Prior -37.8; revised to -37.6

This marks another improvement (four straight months now) in German consumer morale for the month ahead but the reading remains deeply in negative territory, so that’s still something worth noting. GfK notes that “falling energy prices have ensured that consumer sentiment is less gloomy” but warns that private consumption will not be able to positively contribute to overall growth this year.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *