The year 2024 starts off very disappointingly for consumer sentiment in Germany: both economic and income expectations as well as the willingness to buy are showing noticeable declines. Consumer sentiment drops sharply after rising in the previous month. In the forecast for February 2024, the Consumer Climate falls to -29.7 points – a decline of 4.3 points compared to the previous month (revised to -25.4 points). These are the results of the GfK Consumer Climate powered by NIM for January 2024, which has been published jointly by GfK and the Nuremberg Institute for Market Decisions (NIM), founder of GfK, since October 2023
Economics
Positive Money Europe: Time to transform the ESM before it dies
This week the Dutch government blocked a proposal to activate a special credit line for countries who need financial support to fight the Covid19 crisis. But the logic behind the Dutch position is backward-looking and […]
Austerity
Bill Mitchell: Euro area inflation is not accelerating out of control
“When I say that I think the inflationary pressures are transitory, one shouldn’t conclude that means they are short-lived.” Read here
National Politics
Middle East Eye: UK’s St Andrews university fires rector from governing body for Israel criticism
Stella Maris removed after condemning Israel’s ‘genocidal attacks’ on Gaza Read HERE
Be the first to comment