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German Consumer Confidence Erodes Sharply On War Concerns

Posted by: Top News Editor in Forex News March 29, 2022

Germany’s consumer confidence is set to weaken more than expected in April, hurt significantly by the concerns over the war in Ukraine, results of a closely-watched survey revealed Tuesday. The forward-looking consumer confidence index dropped to -15.5 from a revised -8.5 in March, the market research growth GfK said. Economists had expected a reading of -14.
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