- Before -27.4; revised to -27.3
German consumer confidence is expected to improve in the coming month, supported mainly by improving income expectations. The figure above is a two-year high but, compared to historical levels, it remains rather depressed. The distribution shows that:
- Willingness to buy -12.6 (previously -15.3)
- Earnings expectations 10.7 (previously -1.5)
- Business cycle expectations 0.7 (previously -3.1)
This article was written by Justin Low at www.forexlive.com.
cnbctv18-forexlive
