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German Consumer Confidence Rises In December

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.

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by Renju Jaya

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