German consumer confidence grows significantly

The March indicator of the German consumer confidence index increased to its highest level of the year to 6.0 points – told the GfK market research institute on Tuesday. Analysts expected similar results in March after the 5.9 points of February.

German consumer sentiment is improving now for the sixth consecutive months. The economic expectations index decreased to5.9 points from the previous month's 7.5 points, declining for the first time, since two months of growth – reports ProfitLine.hu.