European Economic News

German GfK Consumer Sentiment To Drop In April

Germany's consumer confidence is set to drop in April, a survey by market research group GfK showed Tuesday.

The forward-looking consumer sentiment index came in at 5.9, down slightly from 6 points in March. Economists were expecting it to remain stable at 6 points.

Economic expectations improved slightly once again and willingness to buy almost remained at the same high level, but income expectations fell, reversing the strong improvement of the previous month.

by RTTNews Staff Writer

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