Trademagazin > News and articles > Market News > Consumer sentiment improved in Europe's largest economy
Consumer sentiment improved in Europe's largest economy
According to GfK research institute; despite the gloomy economic outlook consumer sentiment has improved slightly in Germany.
Consumer sentiment indicator became 5.3 points in early November in the European Union's largest economy, after the 5.2 points of October. Analysts expected 5.1 points.
GfK analysts say, that the Germans are optimistic about the wages and the willingness to buy, because the employment situation is improving and wages are rising – reports MTI.
Related news
More related news >
Related news
In June, the annual decline in producer prices slowed down in Germany
In Germany, producer prices fell by 1.6 percent year-on-year in…
Read more >Rural accommodations closed a stronger half year than last year
The momentum of tourism in 2023 will continue to make…
Read more >Munch is now available in every Auchan store
From the beginning of May you can get the three…
Read more >