German GfK Consumer Confidence Set To Fall
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German consumer confidence is expected to decline in early 2026 due to rising inflation fears affecting income expectations and purchase decisions. The consumer confidence index fell to -26.9 in January from -23.4 in December, missing the expected -23.0. Economic expectations remain resilient, but income expectations and willingness to buy have decreased. The willingness to save has increased significantly, reaching a 17-year high. Experts predict the German economy will grow by 1% or slightly less in 2026.
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