Germany’s GfK Consumer Climate for May fell sharply from -28.1 to -33.3, marking its lowest level since February 2023 and signaling further deterioration in household sentiment. The decline reflects mounting pressure on consumers as inflation expectations surge again, eroding purchasing power and confidence. Underlying components point to broad-based weakness. Income expectations plunged from -6.3 to […]The post German Gfk Consumer Confidence Sinks to Two-Year Low as Inflation and War Fears Hit Sentiment appeared first on ActionForex.