Consumer confidence index: Consumer sentiment as good as last time 13 years ago – FAZ – Frankfurter Allgemeine Zeitung

Consumer confidence index: Consumer sentiment as good as last time 13 years ago – FAZ – Frankfurter Allgemeine Zeitung

      

 
 
 
 
 
     
 
 
 
 
 
 
 
 
         

 
 
 
 
 
          The Shopping desire of consumers has become much better
     

 
                                           
 
 
     
     
     
         
         
                                                             

Consumers in Germany remain in view of low heating oil and gasoline prices also at the beginning of further elated. Consumer sentiment has risen to its highest level in 13 years in January, the GfK market research company said in Nuremberg on Wednesday. The willingness of German households have major purchase as well as the income expectations in January grew strongly.

                         
         
         
                                                             
                                 

In the meantime, see the Germans and the German economy on the upswing. After growing economic skepticism in the past year doing increasingly among the more than 1,000 respondents confidence wide. For the second consecutive year, the indicator has improved noticeably for the economic outlook, reports GfK.

                         
         
         
                                                                                                                                                                                                  

More about

also the desire to buy the Germans apparently unstoppable. For the fourth consecutive year in January to put the so-called propensity, the corresponding indicator rose to an eight-year high. Higher the value was last located at the end of 2006, when the then imminent VAT increase, many consumers had led to early purchases.

                         
         
         
                                                             

The main reason for the positive development of consumer confidence is the fact that oil prices have dropped by more than half since last summer. The low energy prices have been estimated by the GfK experts Rolf Bürkl together with the significant devaluation of the euro as an economic stimulus for the German economy. “Certainly, the depreciation of the euro is rated positively by consumers because it stren gthens our exports
and thus makes workplaces safer,” Bürkl said.

                         
         
         
                                                             

The GfK survey also shows that low inflation is a driving force for good consumer sentiment. “The absence of inflation from the perspective of the consumer initially a positive development,” said Bürkl. Last inflation in Germany had fallen in December due to falling oil prices to just 0.2 percent, and the trend is decreasing.

                                                                             
 
  

 
 
 
                       

topics to this article:

Courses and financial data to the article:

Here you can acquire rights to this article

low-interest German savers worried

Savings no longer worth the interest rates are low and add to that the inflation. Nevertheless, no one saves by European standards as much as the Germans. But the skepticism of savers grows. More

10/22/2014, 14:40 clock | Economy

ruble crisis spending spree in Russia begins

The ruble has lost with heavy foreign exchange crash of Tuesday this year, about 60 percent of its value. Falling oil prices and Western sanctions because of the Ukraine-conflict pollute the Russian currency difficult. More

18/12/2014, 11:43 am clock | Finance

     
     
     

 

posting Send email

Consumers in Germany

purchase Funny how long before

From

High consumer sentiment: Market researchers see the consumer climate at the highest level in 13 years.

An error has occurred. Please check your input

<- ========= confirmation page.! Will be loaded by JS if submission is successful === ============ ->

posting Send email

Thanks
The article was sent successfully

.