German consumer confidence remained virtually unchanged in March despite a flood of negative economic news
Mar 26th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
German consumer confidence remained virtually unchanged in March, despite a flood of negative economic news, according to the market research firm GfK. Nevertheless, following increases in the previous month, economic and income expectations are now slightly on the decline, the propensity to buy remains at a good level this month. The overall indicator is forecasting a value of 2.4 points for April 2009, following a revised value of 2.5 points in March, and is consequently still robust, despite the economic situation.
