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March 28, 2008
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Friday
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Rabi-ul-Awwal 19, 1429
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German consumers
FRANKFURT, March 27: German consumers have a slightly brighter outlook this month despite chronic financial turbulence, but a full rebound could be hampered by tenacious inflation, a survey by the GfK institute showed on Thursday.
GfK’s latest consumer index forecast, the main measure of consumer sentiment in the biggest European economy, edged up to 4.6 points from 4.5 in each of the previous two months.
The results indicated a “slightly improved” mood among German consumers, said the institute, which surveyed around 2,000 people across the country from its base in southern Nuremberg.—AFP
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