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68 Articles
While the Germans expect better incomes, they continue to hold back in terms of consumption. The consumer sentiment continued to deteriorate surprisingly for the second month in a row.
The people in Germany are sceptical about the economy and its consumption. The consumer climate in Germany is declining surprisingly – for the second time in a row.
Despite lower inflation, many areas of life are expensive. Therefore, according to a survey, people in Germany want to spend less money. At the same time, the Federal Government is optimistic.
The consumer sentiment in Germany has continued to deteriorate.
Daily Journal
Germans reluctant to open wallets despite easing inflation
The cost-of-living crisis may be easing in Germany but that has not sparked a shopping frenzy just yet in a country where, as a recent survey suggests, people fear inflation more than war.
People in Germany continue to hold on to their money – the consumer climate index has fallen. Large purchases are being postponed.
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