Survey: German Consumer Confidence Rises Strongly

30 May 2013


Immigration News

A survey is showing a significant rise in German consumer confidence as people's expectations for the economy and for their own income improve.

The GfK institute said Friday that its forward-looking consumer climate index rose to 6.5 points for June from 6.2 in May.

The German economy, Europe's biggest, returned to modest growth in the first quarter and the country's central bank said this week that it expects an improvement in the current quarter.

With unemployment low and employees in some sectors recently winning significant pay rises, domestic demand is helping keep the German economy on track even as other countries in Europe struggle.

GfK cautioned that consumer confidence would be vulnerable if Europe's debt crisis escalates again.

A closely watched survey of German business confidence is due later Friday.

Source: http://www.lasvegassun.com/news/2013/may/29/eu-germany-economy/#axzz2Uka7AGHF


QUICK ENQUIRY

  • Send me regular updates and alerts
This has been a perfect service. Vamsi has ...

Axxxxx xxxxx
Australia

AUSTRALIAN VISA...

Processing visa through Opulentus has been an awesome ...

Sxxxxxxx xxxxxxxxxxxxI
Australia

AUSTRALIAN VISA...

The process at Opulentus is smooth, transparent and ...

Vxxxxxx xxxxxxx
Australia

AUSTRALIAN VISA...

It was a good experience with opulentus team, ...

Sxxxxxxx xxxxxxA
Australia

AUSTRALIAN VISA...

It had been very good journey and experience ...

Jxxxxxx xxxxxxA
Australia

AUSTRALIAN VISA...

PR process along with Opulentus was very smooth. ...

Pxxxxxxxxx xxxxxA
Australia

AUSTRALIAN VISA...

From the first day of me walking in ...

Nxxxxxxxxx xxxxxxxx
Australia

AUSTRALIAN VISA...

I would like to thank OPULENTUS and Mrs.Ashwini ...

Vxxxxxxx xxxxxxxxxxx
Australia

AUSTRALIAN VISA...

Hi, The journey of getting the VISA was smooth ...

Dxxxxxx xxxxxxxxI
Australia

AUSTRALIAN VISA...

I would like to take this opportunity to ...

Hxxxxxxxxx xxxxxxxxxN
Australia

AUSTRALIAN VISA...

View All