GfK’s April German consumer sentiment index improved
The consumer sentiment index of the GfK economic research institute in Nuremberg strengthened to an eight-month high in April, but it increased somewhat more mildly than expected.
The mood index rose to minus 29.5 points from minus 30.6 points in March. Analysts had expected a slightly bigger improvement, minus 29.2 points. The April value is still the highest since last August. The mood index improved for the sixth month in Germany, partly due to the easing of energy price inflation, which strengthened expectations that a recession could be avoided.
Related news
Vegan barbecues will cost more in Germany this year
In Germany the price of vegan grilling products grew by…
Read more >GKI analysis: Why do Hungarian households live more poorly than anyone else in the EU?
Imagine that the residents of every EU country shop in…
Read more >K&H Analyst Commentary: The forint is on the rise
The forint, the Polish zloty and the Czech koruna are…
Read more >Related news
Corporate leaders’ commitment to sustainability at record level
According to the latest data from the K&H Sustainability Index,…
Read more >FAO food price index rose slightly in June due to higher prices of meat, dairy products and vegetable oils
The Food and Agriculture Organization of the United Nations (FAO)…
Read more >What can cause the price of a wine to increase tenfold?
There are fewer of them worldwide than the number of…
Read more >