Germany April GfK consumer confidence -29.5 vs -29.2 expected | Forexlive

• Prior -30.5; revised to -30.6

This is the sixth month in a row that German consumer sentiment is seen improving, albeit at a slower pace this time around. GfK notes that “the anticipated loss of purchasing power is preventing a sustained recovery of domestic demand” while adding that “this is also indicated by the still very low level of consumer confidence”.