After a brief respite in the previous month, consumer sentiment in Germany is continuing its downward spiral in June. Both economic and income expectations along with the propensity to buy have suffered losses. As a result, GfK is forecasting -27.4 points in consumer sentiment for July, down 1.2 points from June of this year (revised from -26.2 points). These are the findings of the GfK Consumer Climate Study for June 2022. Consumer sentiment has reached an all-time low. Since the collection of data for the whole of Germany started in 1991, the current value is the lowest that has ever been measured. “The ongoing war ... (full story)