Mumbai, April 27 -- German consumer sentiment is set to deteriorate sharply in May as income expectations collapsed due to rising inflation amid the war in Iran, the latest results of the NIM Consumer Climate powered by GfK showed Monday. The forward-looking consumer confidence index tanked to -33.3 in May from -28.1 in April. This was the lowest score since February 2023.
Published by HT Digital Content Services with permission from Capital Market....