GfK

Consumer sentiment in Germany unexpectedly worsened in July, interrupting the recovery of the previous four months. Expectations for economic development, personal incomes, and the desire to buy weakened as the propensity to save increased.

German consumer confidence rose heading into August, a key survey showed yesrerday, as once red-hot inflation looked to be on the way back down.

Pollster GfK said its forward-looking survey of around 2,000 people rose to minus 24.4 points in August from minus 25.2 points in July.

The mood among German consumers has reached an all-time low, according to a key survey published yesterday, as the war in Ukraine drives a painful wave of inflation.

Burak Kiroglu, general manager of Beko Balkans, "Beko has introduced a new line of HygieneShield products to the market, designed to already have disinfection programs built in to make the transition to the new normal safe and carefree for the modern consumer."

When consumers wonder what brand to buy, Bulgarian consumers are mainly guided by the opinions of friends, not the famous people who use a particular brand. This shows the results of a GfK study in Bulgaria as part of the global Superbrands program for 2019.

Participants were 2095 men and women using the Internet.

New worrying signs from Germany are causing concern about the course of tourism in Greece this year, as holiday market experts at European research company GfK say that the number of bookings from Greece's biggest market posted a big annual drop in January.

Sales of electrical and electronic appliances posted a considerable increase of 7.3 percent year-on-year in the first quarter of 2018, according to data from the GfK TEMAX survey on the Greek market.

The improvement in consumer confidence in Greece in the last quarter of 2017 proved temporary, as optimism late last year gave way to pessimism in the first quarter of 2018, according to GfK's quarterly survey.

Summer bookings to Turkey by German holidaymakers have doubled, though are still far from the levels seen a few years ago, German market researcher GfK said on Feb. 28.

Summer bookings to Greece by German holidaymakers were 40 percent higher than a year ago by the end of January, helping the country overtake the Balearic islands as Germans' most popular holiday destination, Doerte Nordbeck, head of Travel & Logistics Germany at German market researcher GfK, told journalists at a news conference on Wednesday, ahead of the world's biggest travel fair in Berl