Germany GfK Consumer Climate
Previous value: -15.6
Market reaction - market price changing right after the data has been published. Follow past market changes by choosing tiker and event date.
The GfK Consumer Confidence demonstrates the level of consumer confidence in economic activity. High readings indicate a higher consumer optimism. An uptrend in consumer confidence supports economic growth while a low level causes an economic recession. In general, a high result is positive (or bullish) for the EUR, while a low result is taken as negative (or bearish).
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