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German Consumer Sentiment Expected to Hit Record Low in October

Por: MarketWatch Business September 28, 2022

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The value is the lowest measured since the collection of data for the reunified Germany began in 1991. The current very high inflation rates of almost 8% are leading to large real income losses among consumers and thus to significantly reduced purchasing power, GfK's consumer expert Rolf Buerkl said. He said many households are currently forced to spend significantly more money on energy and they need to cut back on other expenses, such as... + full article



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