Germany's consumer confidence is set to improve in November from a record low even in the midst of recession fears, survey results from the market research group GfK showed on Thursday.
The forward-looking consumer sentiment index rose to -41.9 in November, in line with expectations, from revised -42.8 in October. It is too early to speak of a trend reversal in consumer confidence, said Rolf Bürkl, GfK consumer expert. The situation remains very tense.
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Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.