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Investing.com -- The consumer sentiment in Germany, Europe’s largest economy, is showing a minor uptick as we approach June, according to a survey released on Tuesday.
Despite this slight improvement, the reluctance of households to spend continues to hamper a more robust economic recovery.
The consumer sentiment index, a joint publication by the GfK market research institute and the Nuremberg Institute for Market Decisions (NIM), noted a rise of 0.9 points month on month, bringing the score to -19.9 points.
This figure is marginally below the average forecast of -19.8 points that analysts had predicted.
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