![]() ![]() This is largely due to geopolitical factors such as the ongoing Russia-Ukraine war, as well as the recently started Israel-Hamas war. This is especially true since the overall figures of the indicator were still quite low, and could potentially point towards Germany still struggling considerably to regain its footing. Business cycle expectations also went up to -0.4, up from -2.3 in December.Īccording to Rolf Burkl, consumer expert at Nuremberg Institute of Market Decisions, "It remains to be seen whether the current increase represents the beginning of a sustained recovery in consumer sentiment". Second-hand gifts for Christmas? 64% of Europeans say 'yes'įor January, income expectations rose to -6.9 from -16.7 in December, as well as the willingness to buy increasing to -8.8 from -15.0 in the past month.UK Christmas miracle: Inflation dips to two-year low in November.German businesses feel gloomier about the next six months.
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