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German GfK Consumer Sentiment Hits New Record Low

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by , 06-28-2022 at 01:23 PM (185 Views)
      
   
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Germany's consumer confidence dropped to a new record low in July as consumers see the risk of the economy slipping to a recession, survey results from the market research group GfK showed on Tuesday. The consumer confidence index fell to -27.4 in July from revised -26.2 in June. The score was forecast to fall to -27.6.

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