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16th of October 2010
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News Tag: GfK research group

September 28, 2010

German consumer confidence reaches three-year high

by Kay Murchie
German consumer confidence reaches three-year high
Consumer confidence in Germany, which is the euro zone’s largest economy, has surged, according to the GfK research group. GfK said its latest German consumer climate indicator forecasted a value of 4.9 in October, following a revised reading of 4.3 in September. The forward looking indicator, which questioned around 2,000 people, was ahead of economists' forecasts of 4.2. Germany was one of the ...

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