Consumer confidence in June was again characterized by increasing uncertainty. While the propensity to buy rose slightly, economic and income expectations have declined. GfK is forecasting -25.4 points in consumer sentiment for July, down 1 point from June of this year (revised -24.4 points). These are the findings of the GfK Consumer Sentiment Study for June 2023. The decline in consumer sentiment is caused by the renewed increase in the propensity to save by a good five points. "The current development in consumer sentiment indicates that consumers are once again more uncertain. This is reflected in the fact that ... (full story)