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.