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German Consumer Sentiment Set To Fall

Consumer confidence in Germany is set to fall in March as rising prices and economic and political uncertainty pushed up households' willingness to save, while their economic expectations turned pessimistic, survey data published jointly by NIQ/GfK and the Nuremberg Institute for Market Decisions showed Wednesday.

The forward-looking consumer sentiment index dropped to -24.7 from -24.2 in February. The reading was weaker than economists' forecast of -23.0.

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by Renju Jaya

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