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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
GERMAN DATA
MNI (London)
GFK CONSUMER CONFIDENCE MAR -8.1; FEB -6.7
- The GfK consumer sentiment index fell 1.4 points to a more pessimistic -8.1 in the March forecast, contracting unexpectedly following consensus expectations of a 0.4-point increase.
- The unanticipated dip was driven by falling income expectations and buying propensity, due to the duality of both high inflation and the spike in Covid cases at the survey time.
- Future economic expectations remained strong, ticking upwards by 1.3 points to 24.1, almost 16 points above the March 2021 level.
- Expectations have been bolstered by easing pandemic restrictions, whilst both income expectations and propensity to buy fell due to high inflation squeezing disposable incomes.
Image Source: GfK
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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