Mumbai, Jan. 28 -- German consumer confidence is set to improve in February, driven by strong rebounds in income expectations and willingness to buy, survey data published jointly by NIQ/GfK and the Nuremberg Institute for Market Decisions showed Wednesday.
The forward-looking consumer climate indicator rose more-than-expected to -24.1 from -26.9 in January. The score was expected to climb to -25.5 in February.
Economic and income expectations as well as the willingness to buy improved, while the willingness to save was mostly stable in January.
The willingness to save remained at a very high level in January and had no significant influence on the monthly confidence indicator, the survey showed. The corresponding index dropped to 17.9 f...