Germany: GfK consumer climate indicator declined in April…

Tuesday, 27 March 2012 02:05

As GfK, research group reported today German customer climate declined to 5.9 points in April, instead of expected increase to 6.2.

March reading of income expectations remained at 6.0 points.

Latest economic data indicate that the biggest European economy is stable and among debt crisis develops constantly.

Yesterday Ifo business climate showed an improvement to 109.8 points.

At the currency market EUR/USD reached 1.3356 in the afternoon trade.