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- The consumer mood in Germany has stabilized in March after the previous month's minor setback - Gfk
The consumer mood in Germany has stabilized in March after the previous month's minor setback - Gfk
Both economic and income expectations, as well as propensity to buy, are on the increase again.
GfK forecasts an increase in consumer climate for April of 0.1 points in comparison to the previous month to 10.9 points. Apparently the drop in mood in February was just a small dip, even if the losses from the previous month have only partly been compensated for. The decision of SPD party members to enter into the Grand Coalition did not have any significant extra effect on the mood.
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