Mumbai, Aug. 27 -- German consumers' confidence for September, as measured by the GfK index, improved to -26.6, from -29.4 in August, against market expectations of a moderate deterioration to -29.6. Data shows that the main reasons for the improvement are a significant increase in income expectations and, to a lesser extent, a decline in the willingness to save. The institute adds that economic prospects have shown a positive development, while willingness to buy remains practically unchanged.
Published by HT Digital Content Services with permission from Capital Market....