India, Feb. 26 -- Consumer sentiment in Germany is set to continue its negative trend as higher prices, economic and political uncertainty weigh on households' income expectations and their willingness to buy, a closely watched survey showed on Wednesday.
The forward-looking consumer sentiment index unexpectedly fell to -24.7 in March from -22.6 in February, a survey jointly published by the market research group GfK and the Nuremberg Institute for Market Decisions revealed. The reading was expected to improve to -21.6.
Consumers' view regarding own personal financial situation deteriorated for the second straight month. The income expectations index dropped 4.3 points to a 13-month low level of -5.4 in February. The willingness to buy in...