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German consumer climate continues its upward trend

From gfk.com

The mood of German consumers shows a mixed picture in May. The overall consumer climate indicator is forecasting 9.8 points for June compared with 9.7 points in May. While economic expectations and the propensity to buy have both increased, income expectations have suffered losses. Consumers still believe that the German economy will continue to grow moderately over the next few months. This has resulted in a slight increase in economic expectations this month. The already very high propensity to buy has also climbed to an even greater level. Although the income expectations indicator is the only index to experience ... (full story)

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