Reply To: Germany Consumer Sentiment Hits All Time Low with Recession and Natural Gas Shortage Fears

#42569
MoneyNeverSleeps
Participant

Germany September GfK consumer sentiment -36.5 vs -31.8 expected Prior -30.6; revised to -30.9

Soaring energy prices continues to push German consumer sentiment to new lows as households brace for power bills that could go through the roof

GfK notes

“Fear of significantly higher energy costs in the coming months is forcing many households to take precautions to put money aside for future energy bills.”