Germany Gfk Consumer Sentiment for March improved to -12.9 in March, up 2.6 pts. For February, economic expectation rose notably from 1.3 to 8.0. Income expectations rose from -2.9 to 6.5. Propensity to buy rose from 0.0 to 7.4.
“Consumers are recovering to some extent from the shock they suffered after the tough lockdown in mid-December. The recent dip in infection rates and the launch of the vaccination program are fueling hopes of a speedy easing of measures,” says Rolf Bürkl, consumer expert at GfK.
