German GfK Consumer Confidence To Improve In April
German consumer confidence is set to improve in April, survey conducted by the market research group GfK and the Nuremberg Institute for Market Decisions (NIM) showed on Tuesday.
The forward-looking consumer confidence index rose to -27.4 in April from revised -28.8 in March.
Economic and income expectations improved slightly in March but the propensity to buy remained almost unchanged.
The economic expectations index rose 3.3 points to -3.1 in March. Likewise, the income expectations indicator gained 3.3 points to -1.5.
The propensity to buy continued to lag behind income development, the agency said. The corresponding index slid to -15.3 from -15.0 in February.
Economic News
Reprinted from RTTNews，the copyright all reserved by the original author.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.