After the noticeable improvement in the previous month, consumer sentiment in May paints a rather mixed picture. While income expectations have risen for the eighth time in succession, both the propensity to buy and economic expectations have suffered slight losses. GfK is forecasting -24.2 points in consumer sentiment for June, up 1.6 points from May of this year (revised -25.8 points). These are the findings of the GfK Consumer Sentiment Study for May 2023. The eighth increase in consumer sentiment this month is supported to a large extent by a five-point drop in the propensity to save. "Consumer sentiment is not ... (full story)