Germany February GfK consumer confidence 10.8 vs 10.3 expected

Latest data released by GfK - 30 January 2019

Germany GfK
  • Prior 10.4; revised to 10.5

The reading measures the level of consumer confidence in economic activity. Consumer sentiment improves heading into February so that's a bit of a bonus more than anything else for the German economy. However, it will do little to convince markets that the economy is headed for a rebound on the back of just one optimistic data point.

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