Germany's consumer confidence is set to improve in March, a closely watched survey from GfK showed Wednesday.
The consumer confidence index rose to 8.5 points from 8.3 points in February. The index was forecast to remain unchanged at February's originally estimated value of 8.2.
After five consecutive increases, economic expectations registered a moderate fall of 3.4 points to 31.9 in February. In contrast to economic expectations, income expectations rose further in February, to 48.6 from 46.2. It therefore once again slightly improved on the 13-years high of the previous month.
Willingness to buy almost remained at its already very high level and only dropped slightly to 48.9 from 50.0 in January.
Propensity to save also did not register any significant change. The market research group predicted real growth in total private consumption of 1.5 percent for 2014.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.