FOREX TradingCharts.com

Financial News: German GfK Consumer Sentiment To Fall In November

German GfK Consumer Sentiment To Fall In November

10/26/2017 - 02:35:00 (RTTNews)

(RTTNews) - German consumer confidence is set to fall in November, survey data from market research group GfK showed Thursday.

The forward-looking consumer sentiment index fell unexpectedly to 10.7 in November from 10.8 in October. The score was forecast to remain unchanged at 10.8.

The indicator dropped slightly for the second time in a row. However, GfK said consumer sentiment remains good.

Both economic expectations and propensity to buy improved in October. In contrast, income expectations fell for the second time in a row.

The economic expectations indicator rose notably by 10.1 points to 43.5 in October. Meanwhile, the income expectations dropped 4 points to 48.7. Nonetheless, the score rose by almost 4 points from the previous year.

Despite slightly muted income prospects, consumer confidence continued to be high in fall of 2017. Willingness-to-buy gained 2.2 points to 59.2 points in October.

The research group confirmed its forecast that real private consumption will grow by at least 1.5 percent this year.

GfK sees certain risks to German consumption situation, mainly from the international environment. These are the faltering Brexit negotiations, tensions in North Korea and future US trade policy.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2017 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Germany's GDP Growth Rises On Exports, Investment (01 hr(s), 08 min(s), 55 sec(s) ago)
(RTTNews) - Germany expanded at a faster pace in the third quarter on robust foreign demand and in ...Full Story»

Iceland Jobless Rate Rises For Third Month (01 hr(s), 30 min(s), 55 sec(s) ago)
(RTTNews) - Iceland's unemployment rate increased for the third straight month in October, fig ...Full Story»

UK Retail Sales Rebound In November: CBI (01 hr(s), 44 min(s), 55 sec(s) ago)
(RTTNews) - British retail sales expanded in November following a significant contraction in Octob ...Full Story»

Eurozone Private Sector Growth Gains Momentum (02 hr(s), 06 min(s), 55 sec(s) ago)
(RTTNews) - The Eurozone private sector showed signs of growth momentum picking up in the fourth q ...Full Story»

Bulgaria Money Supply Growth Remains Stable In October (02 hr(s), 11 min(s), 55 sec(s) ago)
(RTTNews) - Bulgaria's money supply growth held steady in October, figures from the Bulgarian ...Full Story»

UK Q3 GDP Growth Improves On Spending (03 hr(s), 12 min(s), 55 sec(s) ago)
(RTTNews) - The UK economy expanded at a faster pace in the third quarter, largely driven by priva ...Full Story»

Taiwan Industrial Output Growth Slows More Than Forecast (03 hr(s), 25 min(s), 55 sec(s) ago)
(RTTNews) - Taiwan's industrial production growth eased at a faster-than-expected pace in Octo ...Full Story»

Eurozone Private Sector Growth Strengthens In November (04 hr(s), 06 min(s), 55 sec(s) ago)
(RTTNews) - Eurozone private sector activity growth strengthened in November, flash survey data fr ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Germany's GDP Growth Rises On Exports, Investment

11/23/2017 - 07:15 AM (RTTNews)
(RTTNews) - Germany expanded at a faster pace in the third quarter on robust foreign demand and in ...Full Story>>

Iceland Jobless Rate Rises For Third Month

11/23/2017 - 06:53 AM (RTTNews)
(RTTNews) - Iceland's unemployment rate increased for the third straight month in October, fig ...Full Story>>

UK Retail Sales Rebound In November: CBI

11/23/2017 - 06:39 AM (RTTNews)
(RTTNews) - British retail sales expanded in November following a significant contraction in Octob ...Full Story>>

Eurozone Private Sector Growth Gains Momentum

11/23/2017 - 06:17 AM (RTTNews)
(RTTNews) - The Eurozone private sector showed signs of growth momentum picking up in the fourth q ...Full Story>>

Bulgaria Money Supply Growth Remains Stable In October

11/23/2017 - 06:12 AM (RTTNews)
(RTTNews) - Bulgaria's money supply growth held steady in October, figures from the Bulgarian ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.