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Economy And The Numbers

German Consumer Confidence Improves For Fifth Month - GfK

By Jyotsna V   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Germany's consumer sentiment is set to strengthen for the fifth month in a row in March amid lower energy prices and recent data signaling that the biggest euro area economy may avoid a recession, survey results from the market research firm GfK showed Friday.

The forward-looking Consumer Confidence Index for March rose to -30.5 points from a revised -33.8 points in February, the Nuremberg based GfK said. Economists had forecast a reading of -30.4.

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