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German shoppers feeling more optimistic over outlook
Source: Agencies |
February 28, 2013, Thursday
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Print Edition
Print Edition
CONSUMER confidence in Germany is edging higher as shoppers feel more optimistic about the economic outlook, according to a survey published yesterday - the latest in a string of hopeful indicators for Europe's biggest economy.
The GfK research institute said its forward-looking confidence indicator stands at 5.9 points for March - up from 5.8 in February.
Consumers' economic expectations continued to brighten amid predictions that economic growth will return in the current quarter after declining in the October-December period, the group said.
Those predictions have been fueled lately by improvements in other indicators.
The GfK research institute said its forward-looking confidence indicator stands at 5.9 points for March - up from 5.8 in February.
Consumers' economic expectations continued to brighten amid predictions that economic growth will return in the current quarter after declining in the October-December period, the group said.
Those predictions have been fueled lately by improvements in other indicators.
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