Germany June GfK consumer sentiment -19.9 vs -19.8 expected

• Prior -20.6; revised to -20.8

That’s a slight improvement in consumer morale going into next month but there’s still some reservations. There continues to be a decline in the willingness to spend among households alongside an increase in the willingness to save. The better headline reading is largely helped by an improvement in economic expectations instead.

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