BERLIN—German consumer morale is projected to inch up in June after falling to a record low in May, but high inflation and the war in Ukraine continue to weigh on household spending, a survey showed on Wednesday.
The GfK institute said its consumer sentiment index, based on a survey of around 2,000 Germans, rose slightly to -26.0 points heading into June after hitting a revised all-time low of -26.6 points in May.
