Mumbai, Feb. 26 -- German consumer sentiment is set to fall in March on weaker income expectations and willingness to buy, survey data jointly published by the market research group GfK and the Nuremberg Institute for Market Decisions showed on Wednesday. The forward-looking consumer sentiment index dipped to -24.7 in March from -22.6 in February. The income expectations index dropped 4.3 points to -5.4 in February. The last time such a lower value was measured in January 2024. The willingness to buy index fell to -11.1 from -8.4 in January. German consumers were somewhat more positive about economic outlook as the index measuring general economic conditions for the next twelve months rose 2.8 points to 1.2.
Published by HT Digital Content...