Despite the energy crisis and high prices, people in Germany are starting the new year in a slightly better mood to spend. The barometer of the GfK market researchers in Nuremberg indicates an increase of 2.3 points to minus 37.8 points for January. The measures taken by the federal government to cushion the exploding energy costs are clearly having an effect, said GfK expert Rolf Bürkl. After the so-called propensity to buy showed a permanently falling trend from autumn 2021 to autumn of the current year, it rose again somewhat in December: “Despite the slight increase, the reluctance to buy remains high. The uncertainty caused by the multiple crises, such as the pandemic, the Ukraine war and Inflation is still high,” Bürkl warned.
GfK Barometer – Consumer mood increases for the third month in a row – Economy
