Germans, on the other hand, were surprisingly more confident about the consumer climate in November, as evidenced by the unexpected increase in the Gfk survey:
Wednesday, November 27, 2013
France v. Germany: Consumer Confidence
Consumers in France see a diminished capacity to save, a deteriorating general economic situation, and rising unemployment over the next year-- all of which adds up to a decline in confidence:
Germans, on the other hand, were surprisingly more confident about the consumer climate in November, as evidenced by the unexpected increase in the Gfk survey:
Germans, on the other hand, were surprisingly more confident about the consumer climate in November, as evidenced by the unexpected increase in the Gfk survey: