German GfK Consumer Sentiment (Feb) -6.7 vs. Exp. -7.8 (Prev. -6.8, Rev. -6.9)
Analysis details (09:20)
Pantheon Macroeconomics said the data indicates stabilisation in Germany amid the improvement in the tone of survey data since the start of the year, which adds to evidence that the Omicron wave is over. “This challenges our view that the economy is set to stall in Q1, though we are happy to lift our forecasts if the surveys next month build on this month’s gain.” Tomorrow’s Q4 GDP data will also be a factor in assessing recent economic momentum.
27 Jan 2022 - 07:00- Data- Source: Reuters
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