German consumer climate improves as year draws to a close
From gfk.com
Overall, German consumers' mood continued to stabilize in November. The consumer climate is improving as the year draws to a close. Following a value of 8.5 points in November, the overall indicator is forecasting 8.7 points for December. Income expectations and willingness to buy increased for the second consecutive month, while a marginal decline was recorded for economic expectations. There is greater uncertainty among German consumers as a result of the persistently tense geopolitical situation coupled with the economic slowdown in the eurozone. This is reflected in the deteriorating economic outlook. However, ...
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