German consumer morale darkens as coronavirus cases soar

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German consumer morale fell heading into November as fears about a second coronavirus wave that is hitting Europe's biggest economy made Germans less willing to open their wallets, a survey showed on Thursday.

BERLIN - German consumer morale fell heading into November as fears about a second coronavirus wave that is hitting Europe’s biggest economy made Germans less willing to open their wallets, a survey showed on Thursday.

“The recovery in sentiment from early summer this year has come to a standstill, leaving the consumer climate to slide again,” Buerkl said. The drop in consumer sentiment was mainly driven by falling economic and income expectations and a rising propensity to save.

 

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You guys should have stayed at home until the vaccine creation. 😂

Don't worry, they are lying to you

😱

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