German consumer optimism is returning | Forex Factory

  • German consumer optimism is returning

    From gfk.com

    Consumer sentiment in Germany shows signs of recovery with slightly increased optimism at the start of the year. Propensity to buy as well as economic and income expectations are improving. GfK has forecast a figure of 9.9 points for February 2020, 0.2 points higher than in January of this year (revised 9.7 points). For 2020 as a whole, GfK has forecast real growth of one percent for private consumer spending in Germany. These are the results of the GfK consumer climate study Germany for January 2020. Above all, the rise in income expectations and propensity to buy at the beginning of this year will allow the ... (full story)

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gespiri
Jan 29, 2020 6:19am
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Quoting valentasm
Facts are facts. If you look at chart you see that confidence is started increase. If Germany economy is in deep trouble it is debatable. Personally i think they have tools to leverage it. If number is going down doesnt mean economy is struggling. It is just normal correction. How USA is doing so well is a bit surprise probably for most.
I think statistically, the US is in the dump. However, the narrative is being supported by the trade deals and tariffs being done which are indeed bringing manufacturing back there slowly but surely.
Wait'll after this year's election....
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valentasm
Jan 29, 2020 4:07am
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Facts are facts. If you look at chart you see that confidence is started increase.
If Germany economy is in deep trouble it is debatable. Personally i think they have tools to leverage it. If number is going down doesnt mean economy is struggling. It is just normal correction.
How USA is doing so well is a bit surprise probably for most.
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gespiri
Jan 29, 2020 1:49am
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HAHAHAHAHAHAHA.......!!!!!!
Literally last week, they said that the German economy is going to be in deep trouble. And now this??
FAKE NEWS!
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