German Consumer Confidence Improves Slightly After COVID-19 Shock

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German Consumer Confidence Improves Slightly After COVID-19 Shock

German consumer confidence recovered some of the ground lost due the coronavirus shock but it remains deep in negative territory as Europe’s top economy faces a slow recovery, a survey showed Tuesday.

Despite the improvement, the June level is the second-lowest ever measured by the survey since its creation in 1980, GfK said.

 

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