Consumer morale in Germany rose moderately in December amid the slowing inflation but sentiment stayed at a very low level signaling no signs of sustainable recovery, survey results published jointly by GfK and the Nuremberg Institute for Market Decisions, showed on Tuesday.
The consumer confidence index rose to -27.8 in December from -28.3 in November. The reading was seen at -27.0.
Consumer climate level remains very low and there are no signs of sustainable recovery in the coming months, Rolf Burkl, consumer expert at NIM, said.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.