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Slight setback for German consumer climate
Overall, consumer mood in March 2019 looks somewhat more balanced than in the previous month. Economic expectations are increasing again. However, both income expectations and propensity to buy have decreased somewhat. For April, GfK is predicting a consumer climate value of 10.4 points, following a revised March figure of 10.7 points. With the current increase, the collapse in economic expectations has been halted - for the time being at least. Moreover, the gap between the economic indicator and income expectations is continuing to close. This is because the latter has had to concede something of its very good ... (full story)