India, March 28 -- German consumer sentiment is set to rise only marginally heading into April despite a revival in expectations regarding the economy after the new elections, a closely watched survey revealed Friday.
The forward-looking consumer climate index rose to -24.5 in April from -24.6 in March, a survey jointly published by the market research group GfK and the Nuremberg Institute for Market Decisions showed.
"Apparently, the elections and the prospect of a new government have lessened pessimism among a number of consumers," NIM consumer expert Rolf Burkl said.
"However, the renewed rise in the willingness to save is clouding the overall picture. It prevents a stronger improvement in the Consumer Climate," Burkl added.
On hopes...