German consumer confidence is set to improve in February, survey results from the market research group GfK showed on Thursday.
After two consecutive declines, the consumer sentiment index rose to -6.7 in February from revised -6.9 in January. Economists had forecast the index to fall to -7.8.
Both the economic and income expectations as well as the propensity to buy improved in January compared to the previous month.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.