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German consumer confidence fell to lowest level since 2023 amid inflation fears.
German consumer confidence dropped to its lowest level since February 2023 in May, according to GfK.
The sharp decline was driven by falling income expectations and growing fears over inflation and energy prices amid ongoing geopolitical tensions in the Middle East.
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La confianza del consumidor alemán cayó a su nivel más bajo desde 2023 en medio de temores de inflación.