German Consumer Sentiment Set To Improve Further - GfK

Germany's consumer confidence is set to improve for the fourth month in a row in February amid the sustained recovery in both economic and income expectations as energy prices rose less sharply and the government took cost-cutting measures, survey data from the Nurmeberg-based market research group GfK showed Tuesday.

The forward-looking consumer confidence index climbed to -33.9 from -37.6 in January, which was revised from -37.8. However, economists had expected a higher reading of -33.

The survey period was from January 5 to 16.