BERLIN, Germany -German consumer confidence has fallen for the first time since October, a key survey showed Wednesday, after Europe's largest economy fell into recession and while inflation remained stubbornly high. Pollster GfK said its forward-looking survey of around 2,000 people fell to minus 25.4 points in July from 24.4 points in June. The drop is the first since October when the barometer hit a low of minus 42.8 points, as inflation soared and consumers worried about the cost of heating their homes over the coming winter.

https://business.inquirer.net/407532/german-consumer-mood-falls-for-first-time-since-october

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