German consumer confidence is set to improve in February, driven by strong rebounds in income expectations and willingness to buy, survey data published jointly by NIQ/GfK and the Nuremberg Institute for Market Decisions showed Wednesday.
The forward-looking consumer climate indicator rose more-than-expected to -24.1 from -26.9 in January. The score was expected to climb to -25.5 in February.
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by Renju Jaya
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