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German Consumer Sentiment To Improve Moderately In June

German consumer confidence is set to improve moderately to a seven-month high in June driven by strengthening economic and income expectations but overall level remained weak, a closely watched survey revealed Tuesday.

The consumer climate indicator rose to -19.9 in June from -20.8 in the previous month, a survey jointly published by the market research group GfK and the Nuremberg Institute for Market Decisions showed.

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by Renju Jaya

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