Confidence among German consumers is likely to stay unchanged in June, a survey by market research group GfK showed Friday.
The consumer confidence index for June was at 5.7, unchanged from the revised reading of May. The May score was revised from 5.6 reported previously.
Consumers were considerably more optimistic in May than in the previous month and willingness to buy also increased slightly, GfK said.
Economic expectations index improved by more than 11 points in May to 19.6 points. Nonetheless, the indicator for income expectations dropped slightly by one point.
by RTT Staff Writer
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