24-07-2025
- Business
- Wall Street Journal
German Consumer Confidence Hit by Economic Uncertainty
German consumer sentiment continued to worsen as growing economic uncertainty encouraged shoppers to save rather than spend, according to a monthly survey.
The consumer-climate index published Thursday by research groups GfK and the Nuremberg Institute for Market Decisions fell for a second month to minus 21.5 in its forecast for August, 1.2 points down on July. Economists polled by The Wall Street Journal expected the gauge to be stronger at minus 20.0.