Germany April GfK consumer sentiment -24.5 vs -22.7 expected

• Prior -24.7; revised to -24.6

It’s only a slight improvement as NIM consumer expert, Rolf Bürkl, notes that: “Apparently, the elections and the prospect of a new government have lessened pessimism among a number of consumers. However, the renewed rise in the willingness to save is clouding the overall picture. It prevents a stronger improvement in the Consumer Climate.”

This article was written by Justin Low at www.forexlive.com.