Germans purchase, despite bad sentiment
According to the survey of GfK; The consumer climate continues to deteriorate in Germany, but the buying mood is improving, thanks to discount prices.
The bad mood of consumers is particularly because of the fear of unemployment. In February, the German GfK consumer climate index decreased by 0.2 percent to 3.2 percent compared to January.
According to analysts; the German economy can increase by 1.5-2 percent this year, but this will offset only partially the declines of the previous year – reports Világgazdaság Online.
Related news
More related news >
Related news
GKI: Deteriorating confidence indices and economic outlook in Hungary
In November, both businesses and consumers became more pessimistic about…
Read more >Arabica coffee price hits 47-year high
The futures price of arabica coffee has reached a 47-year…
Read more >Magyar Posta is preparing for the increased holiday traffic with 130 new vehicles
Magyar Posta expects to deliver more than 7 million packages…
Read more >