2024-06-27 | Current Affairs
German Consumer Confidence Dips on Pessimistic Economic Outlook
German consumers are feeling increasingly doubtful about the country’s economic recovery. The GfK consumer climate index, which forecasts consumer sentiment, is expected to drop to -21.8 in July from -21.0 in June, marking the first decrease after four consecutive months of improvement. This change fell short of economists’ expectations of a rise to -19.5.