GfK’s German consumer sentiment index improved minimally
The German consumer sentiment index of the GfK market research institute improved minimally after falling to a historic low due to the effects of the Russian invasion of Ukraine.
The consumer sentiment index for June improved to minus 26 points from 26.6 in May. The indicator stood at minus 15.7 points in April.
Within the overall sentiment index, two of the three sub-indicators improved and one deteriorated. The sub-index of the willingness of the population to spend weakened from minus 10.6 points to minus 11.1 points. (MTI)
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