Germany January GfK consumer sentiment -21.3 vs -22.5 expected

• Prior -23.3; revised to -23.1

There is a slight pickup in German consumer morale going into the turn of the year but it remains at a low level historically. GfK notes that “a sustained recovery in consumer sentiment is not yet in sight, as consumer uncertainty is still too high”.

This article was written by Justin Low at www.forexlive.com.