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Germany's leading index of consumer confidence in December rose

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Xinhua News Agency, Berlin, November 25 (Zhang Yuhua) According to the report released by the German market research institute GfK on the 25th, the leading index of German consumer confidence in December was negative 40.2 points, an increase of 1.7 points from the previous month, but it was still at a relatively low level. .

The report said that among the three indicators reflecting German consumer confidence, the economic outlook and income expectations rose month-on-month, but the purchase propensity index fell month-on-month due to the impact of high energy prices.

GfK expert Rolf Birkler said in a statement on the same day that consumers' long-standing fear of rising energy prices has now eased, which has a positive impact on consumer confidence, "although the situation has improved slightly. , but the situation remains tense.”

Since 1980, GfK has conducted confidence index surveys on about 2,000 German consumers every month. The index is a leading indicator for predicting the German economic trend and residents' consumption trends.

(Editors in charge: Liu Jieyan, Yang Mu)

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