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German Consumers expect incomes to rise
The mood of consumers in Germany is exceedingly robust in Jul y this year. The consumer climate not only remained at an extremely good level, but even improved slightly. Fo l- lowing a value of 8.9 points in July, the overall indicator is for e casting 9.0 points for August. Income expectations reached their highest va l- ue since reunification, while economic expectations almost mai n- tained the record figure of the previous month. In contrast, willin g- ness to buy dropped slightly from its very high level. Despite the escalation in the situation s in Israel and Ukraine, German c o n- sumers continue to be ... (full story)