The FX PostThe FX Post
    What's Hot
    XRP leads

    XRP Leads Crypto Majors Recuperation, Bitcoin Rises Over $21K as Rate-Hike Issues Subside

    June 24, 2022
    SEC chair looks for a unified crypto

    SEC Chair Looks for a Unified Crypto ‘Guideline Book’ to Stay Clear of Fragmented Regulation

    June 24, 2022
    China's clean power growth

    China’s Clean Power Growth Outlook for 2022 Maintains Getting Bigger

    June 24, 2022
    The FX Post The FX Post
    • Best Fx Robots
    • Forex
      • News
      • Forex 101
      • Forex Forecasts
      • Broker Reviews
    • Crypto
      • News
      • Crypto 101
      • Crypto Forecasts
      • Crypto Reviews
    • Indices
      • News
      • Analysis
      • Commodities
      • Reviews
    • Automated Trading
      • Forex Signals
      • Forex Robots
      • Copy Trading
    • Top
      • Best Forex Robots
    The FX PostThe FX Post
    Home » German Consumer Sentiment to Edge Up After Dropping to Record Low in May
    Indices News

    German Consumer Sentiment to Edge Up After Dropping to Record Low in May

    May 25, 20221 Min Read
    Facebook Twitter Pinterest LinkedIn Reddit
    Happy businessman holding flag of Germany in front of colleagues
    Share
    Facebook Twitter LinkedIn Pinterest Reddit

    German consumer sentiment is expected to rise slightly in June after falling to a record low in May, but high inflation and the war in Ukraine continue to weigh on household spending.

    • The GfK institute stated its consumer sentiment index increased slightly to -26.0 points heading into June after reaching a revised all-time low of -26.6 points in May.
    • Rolf Buerkl GfK consumer expert, stated that the consumer climate may have improved slightly, but consumer sentiment is still at an absolute low.
    • Buerkl further stated that despite the easing of COVID-related restrictions, the Ukraine war, and above all, the high inflations are weighing significantly on the mood of consumers.

    Last month, Germany’s economy ministry lowered its economic growth outlook for 2022 to 2.2% from 3.6% and projected that inflation this year could hit 6.1%.

    DAX down -0.25%, EURUSD down -0.70%

    Source: GfK

    Markets are invaded by algorithms
    Secure your passive income with algo-based trading systems
    Learn more
    Consumer Sentiment DAX EURUSD German Economy
    Share. Facebook Twitter Pinterest LinkedIn Reddit

    Related Posts

    China's clean power growth

    China’s Clean Power Growth Outlook for 2022 Maintains Getting Bigger

    June 24, 2022
    US recession

    Jay Powell Alerts United States Economic Downturn is ‘Certainly an Opportunity’

    June 23, 2022
    Recession a 'possibility'

    Powell Sees Ongoing Price Hikes, Says Recession a ‘Possibility’

    June 22, 2022
    Switzerland imports russian gold

    Switzerland Imports Russian Gold for Very First Time Considering That War

    June 22, 2022
    Add A Comment

    Leave A Reply Cancel Reply

    94  −  89  =  

    Best FX Post
    Best Forex Robots (Expert Advisors) 2021

    Best Forex Robots (Expert Advisors) 2022: Passive Income From Algo Trading Systems

    July 7, 2021

    Top 10 Lending Platforms for Crypto Loans

    June 1, 2022
    forex eurusd trading charts

    Top 10 Best Forex Brokers In All Times

    June 1, 2022
    Recent Posts
    • XRP Leads Crypto Majors Recuperation, Bitcoin Rises Over $21K as Rate-Hike Issues Subside
    • SEC Chair Looks for a Unified Crypto ‘Guideline Book’ to Stay Clear of Fragmented Regulation
    • China’s Clean Power Growth Outlook for 2022 Maintains Getting Bigger
    • HodlBot Review: Pros, Cons, Recommendations
    • Cardano Creator Readied to Indicate Before Residence Board Supervising CFTC
    Featured Reviews
    TechBerry

    TechBerry Review: Pros, Cons, Recommendations

    September 18, 2021
    CryptoHero

    CryptoHero Review: Pros, Cons, Recommendations

    June 3, 2022
    Bitsgap

    Bitsgap Review: Pros, Cons, Recommendations

    April 29, 2022
    Categories
    • Analysis
    • Automated Trading
    • Best FX Post
    • Broker Reviews
    • Commodities
    • Copy Trading
    • Crypto
    • Crypto 101
    • Crypto Bots
    • Crypto Forecasts
    • Crypto Reviews
    • Forex
    • Forex 101
    • Forex Forecasts
    • Forex Robots
    • Forex Signals
    • Guides
    • Indices
    • News
    • News
    • News
    • Reviews
    • Reviews
    • Uncategorized
    Twitter BlogLovin
    © 2022, Thefxpost.com.
    • Contact

    Type above and press Enter to search. Press Esc to cancel.