- Analytics
- News and Tools
- Market News
- German Gfk consumer confidence index remains unchanged at 9.4 in February
German Gfk consumer confidence index remains unchanged at 9.4 in February
Market research group GfK released its consumer confidence index for Germany on Wednesday. German Gfk consumer confidence index remained unchanged at 9.4 in February, beating expectations for a drop to 9.3.
2 of 3 indicators increased.
The economic expectations index rose by 1.3 points to 4.2 points in January, while the willingness to buy index increased 3.7 points to 52.7.
The income expectations index fell by 3.6 points to 47.2 in January.
"The consumer climate has therefore been able to withstand the recent growth in risks it is facing. However, in the next few months the escalating terror threat and the rising fears among certain groups of the population that Germany could eventually become overstretched by the persistently high influx of refugees and asylum seekers may cause consumer confidence to wane in the long term. In turn, this would have a lasting impact on the consumer climate," Gfk noted.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
