Home » Germany: GfK index improves in January, light at the end of the tunnel brighter

Germany: GfK index improves in January, light at the end of the tunnel brighter

by admin
Germany: GfK index improves in January, light at the end of the tunnel brighter

In January in Germany, the GfK consumer sentiment index scores -37.8 points from -38.0 expected and -40.2 previously. Expectations on the economic situation also improve, with the indicator gaining 7.6 points to -10.3. The indicator on the propensity to purchase rose, gaining 2.3 points and settling at -16.3. That on income expectations rose by 10.9 points to -43.4. “Consumer sentiment rises for third consecutive month in Germany as economic and income expectations improve. GfK notes that “the light at the end of the tunnel is getting a little brighter, but it’s still too early to give the green light.”

See also  Exclusive interview | "Chinese companies are becoming more and more innovative" - ​​Interview with Jochen Kokler, Chairman of the Board of Directors of Deutsche Messe AG - Xinhuanet Client

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy