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German consumer morale improves heading into Feb as Covid situation eases

Consumers are once again showing some optimism at the beginning of the year with improved economic and income expectations.

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Reuters Berlin
German consumer morale is projected to improve slightly in February as households hope for an improvement in price trends and a possible easing of the pandemic situation in the spring, a survey showed on Thursday.

The GfK institute said its consumer sentiment index, based on a survey of around 2,000 Germans, edged up to -6.7 points heading into February from a revised -6.9 points a month earlier, the first increase after two consecutive months of decline.

Analysts polled by Reuters had on average expected the index to drop to -7.8.

Consumers are once again showing some optimism at the beginning

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Jan 27 2022 | 1:44 PM IST

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