Germany's consumer sentiment is set to weaken in July as income expectations suffer significant setbacks amid fears of job losses among shoppers, survey data from market research group GfK showed Wednesday.
The forward-looking consumer sentiment index dropped more-than-expected to 9.8 in July from 10.1 in June. The score was forecast to fall marginally to 10.0.
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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.