Germans in Buoyant Mood
World Economy

Germans in Buoyant Mood

According to market research group GfK, German consumers are more upbeat than they have been for more than a decade. They expect the cost of living to fall and incomes to rise amid a general upswing in the economy, DW reported. Germany’s consumer sentiment index rose to its highest in 13 years, market research group GfK said Wednesday, as it reported a jump in its forward-looking index from 9.0 points in January to 9.3 points in February. The buoyant mood among the 2,000 Germans surveyed by the group beat analysts’ expectations who had forecast a rise in the GfK index to just 9.1 points.

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