German consumer climate at three-year high in September
Sep 28th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The German economic recovery accompanied by falling unemployment figures and a moderate price climate led to a tangible improvement in the consumer sentiment in September to a three-year high. Expectations for the overall economy and personal income have increased significantly, while propensity to buy is at a good level. The overall indicator forecasts 4.9 points for October following a revised 4.3 points in September, according to global market research group Gfk.