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German consumer morale picks up as new year beckons
Government takes some of the sting out of soaring energy costs
21 December, 10:43
(ANSA-AFP) - FRANKFURT AM MAIN, DEC 21 - German consumers are
heading into 2023 feeling slightly less gloomy than in recent
months, a key survey found Wednesday, as government
interventions take some of the sting out of soaring energy
costs. Pollster GfK said its forward-looking survey of around
2,000 people inched up by 2.3 points to reach minus 37.8 points
for January, the third consecutive monthly increase. The more
upbeat mood comes as energy prices have eased off after hitting
record highs in the wake of Russia's war in Ukraine, and as
consumers start to feel the impact of Berlin's 200-billion-euro
($212-billion) energy support package, GfK said. (ANSA-AFP).
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