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
Ms Merkels Magnificent V-Recovery – Germany: Production in August 2020: -0,2 % compared to previous month
While German media is hailing their nation’s V-Recovery and the greatest chancellor of all time, the statistics tell a different story. Read here If you are having difficulties accessing the link, use this: https://www.destatis.de/EN/Press/2020/10/PE20_391_421.html
EU politics
Charles Grant: A no-deal Brexit is not inevitable
“It has never looked more likely that the UK will leave the EU without a deal. But there are still ways for Britain to avoid a no-deal Brexit”, claims the author. Unfortunately he does not […]
Economics
Richard Connolly: Russia’s Wartime Economy isn’t as Weak as it Looks
Russia’s economic resilience is defying expectations, enabling the Kremlin to sustain its war efforts in Ukraine despite mounting challenges, and raising doubts about hopes for a swift resolution. Read HERE
Be the first to comment