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
Austerity
Geoff Tily: UK Workers have suffered the most dismal decade for growth on record
Why the Tories are still in government is a conundrum. One can be bitter about how Labour turned against the workers, but this is simply intolerable. And do not forget the accomplides of the Tories, […]
National Politics
El Nacional Cat.: Catalonia to break off its relationship with the Spanish monarchy, says Torra
The King of Spain has painted himself into a corner and will have to see how he re-establishes relations with Catalonia. Maybe he has made himself superfluous in this conflict and this is simply a […]
Economics
Bill Mitchell: The monetary institutions are the same – but culture dictates the choices we make
Neoliberalism has perverted the way we manipulate the powers of our economic institutions in such a way that we benefit the elites more than the rest. These are essentially the same institutions that the Japanese […]
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