German Consumer Confidence To Rise Marginally In March: GfK

German Consumer Confidence To Rise Marginally In March: GfK




German consumer confidence is set to record a modest improvement in March as income expectations continued to grow, a survey by market research group GfK revealed Tuesday.
Following a value of 5.9 points in February 2012, the overall indicator is forecasting a value of 6.0 points for March, GfK said. This was in line with economists expectations.
In February, German's economic expectations and willingness to buy durable items dropped slightly.

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