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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
GERMAN DATA
MNI (London)
GERMANY MAY CONSUMER CONF -25.7 (FCST -28); APR -29.3r
- Germany’s forward-looking GfK consumer sentiment indicator increased by 3.6 points to -25.7 was recorded in May.
- The improvement beat consensus expectations and represents a seventh consecutive increase.
- Both economic and income expectations rebounded significantly, with government energy support, cooling inflation and less-recessionary outlooks largely underpinning optimism.
- Income expectations alone recovered to pre-Russia-Ukraine war levels.
- Nonetheless, the indicator remains below pre-pandemic levels, with the propensity to buy subindex remaining downtrodden despite another uptick. As such, GfK see private consumption dragging on GDP this year.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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