Consumer sentiment in Germany has improved more than expected
The March German consumer sentiment index of the GfK economic research institute has improved beyond expectations. According to the survey, consumers expect an improvement in both the economic environment and their income, as well as their willingness to spend.
GfK’s consumer sentiment index improved by 2.6 points minus 12.9 points in March from its eight-month low of February minus 15.5 points in the February survey. The market expected a small improvement, minus 14.3 points for March. (MTI)
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