Germany's consumer sentiment is set to strengthen at the start of next year amid a robust rebound in income expectations despite the economy undergoing a downturn, a closely watched survey revealed on Wednesday.
The forward-looking consumer confidence index rose to -25.1 from a revised -27.6 in December, survey data from the market research group GfK and the Nuremberg Institute for Market Decisions showed. Economists had forecast a reading of -27.0.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.