Gfk German consumer confidence index climbed to the highest level since November 2001

Market news

28 January 2015

Gfk German consumer confidence index climbed to the highest level since November 2001

Market research company GfK released its consumer confidence index for Germany on Wednesday. The Gfk German consumer confidence index increased to 9.3 in February from 9.0 in January, beating forecasts for a rise to 9.1. That was the highest level since November 2001.

Gfk said that "the upward trend is continuing in the consumer climate, and the outlook for consumer spending is looking increasingly brighter".

Orders

European stock markets mid-session: Indices turn slightly negative after positive start

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.