✉news EnvironmentEnergy first seen 4 h ago, last 4 h ago, peak #37
German Consumer Confidence Falls to Lowest Since May on Energy Costs
German consumer confidence has dropped to its lowest level since May, according to figures reported by the Wall Street Journal, with rising energy costs cited as the main driver. Households in Europe's largest economy are under pressure from elevated heating and electricity prices, weighing on their willingness to spend and raising fresh concerns about the country's economic outlook.
Why now: Energy costs are climbing again, hitting German household sentiment and raising worries about consumer spending and growth in Europe's largest economy.
Evidence
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