German Gfk consumer sentiment dropped to -8.1, expectations of easing inflation shattered

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German Gfk consumer sentiment dropped to -8.1, expectations of easing inflation shattered

Germany Gfk consumer sentiment for March dropped from -6.7 to -8.1, below expectation of -6.2. In February, economic expectations rose from 22.8 to 24.1. Income expectations dropped from 16.9 to 3.9, lowest since January 2021. Propensity to buy dropped from 5.2 to 1.4. “Above all, expectations of a significant easing in price trends at the […]

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Source: German Gfk consumer sentiment dropped to -8.1, expectations of easing inflation shattered