Germany July GfK consumer confidence -9.6 vs -12.0 expected

Latest data released by GfK – 25 June 2020
– -18.9; revised to -18.6
A slightly better-than-expected reading as consumer confidence continues to rebound after bottoming out in May. That said, overall sentiment still remains highly subdued as it just reaffirms that it will take time before things really pick up strongly towards pre-virus conditions –