German Consumer Sentiment Slips on Inflation
German consumer sentiment is set to slip marginally heading into November as growing inflation and subdued income expectations weigh on households. The consumer sentiment index fell to negative 30.8 points. Consumers remain hesitant to make larger purchases despite improving views on the broader economy.
Germany consumer sentiment fell to -30.8 points heading into November, according to survey data published Wednesday. The drop follows a reading of -30.6 in October amid persistent inflation worries.
