Ongoing war in Ukraine weighs on German consumer sentiment

By 2022-05-02T10:01:00

ansgar-scheffold-mtfTz0FnwBw-unsplash

Source: Ansgar Scheffold on Unsplash

As the consumer barometer of the German Retail Association (HDE) shows, consumer sentiment among Germans is continuing to deteriorate in May. After plummeting massively following the start of the Russian war in Ukraine, the index is now declining again. This is the sixth month of consecutive declines in the HDE ...

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