Germany's consumer sentiment is set to hit a fresh low in August as fears of an impending recession and high inflation dampened economic and income expectations, survey results from the market research group GfK showed Wednesday.
The consumer confidence index fell to -30.6 in August from revised -27.7 in July. The score was forecast to fall to -28.9.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.