A closely watched survey has shown that German consumer confidence has soared to the highest level since last October, bolstered by a strong labor market and new wage agreements.
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Barenboim Concert in Nazi Stadium to Benefit Palestinians ... index has risen to 5.9 points in May, up from a revised 4.8 points in April, as the research group's economic outlook indicator, income expectations and the propensity to buy indicators all climbed. The Nuremberg-based group said in a statement Monday that the upswing in the job market and recent wage agreements have both contributed to overall expectations of the economy, and to people assessing their personal financial situations more positively.
(Deutsche Welle)
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