Reported about 11 hours ago
A recent GfK survey reveals that German consumer sentiment has worsened heading into March, falling to -24.7 points, contrary to expectations for improvement. Key factors contributing to this decline include concerns over the economic and political climate, rising prices, and a lack of consumer confidence in income prospects. Despite the election of conservative leaders promising pro-growth policies, many households remain cautious about spending amidst ongoing economic challenges.
Source: YAHOO