German consumers have become a lot less gloomy about the economy. Market researcher GfK announced this.
The index reflecting consumer confidence in Europe’s largest economy stands at minus 0.3. In a previous measurement this was a revised reading of minus 9.4. Economists generally calculated at a level of minus 4.5. The indicator is based on research among approximately 2000 respondents.
Abaigael Schlomski is an accomplished economist and financial journalist with over a decade of experience in the industry. He is a regular contributor to EconomicInform, where he provides in-depth analysis and expert commentary on the latest economic trends and events. With a keen understanding of the financial markets and a talent for breaking down complex economic concepts for a general audience, Maurice is a trusted and respected voice in the field.