Frankfurt (AFP) – Consumer confidence in Germany is at its highest in 13.5 years, as the positive economic outlook and low inflation persuade consumers to open their purses, a poll found on Wednesday.”Very strong domestic demand in Germany and the low rate of inflation are fuelling economic expectations and consumers’ willingness to spend,” market research company GfK said in a statement.By contrast, income expectations have slipped slightly from their previous record high, the statement said. Looking ahead to next month, GfK’s headline household confidence index was forecast to rise to 10.2 points in June from 10.1 points in May.”That is …read more
Source: Business Insider
