German consumer morale at highest level since Oct 2001

businesstimes.com.sg ^ | June 29, 2017 | REUTERS

[Berlin_Freeper]

[BERLIN] The mood among German consumers rose to its highest level in almost 16 years heading into July, a survey showed on Thursday, supporting expectations that private consumption will contribute strongly to growth this year.

The consumer sentiment indicator, published by the Nuremberg-based GfK institute and based on a survey of around 2,000 Germans, rose to 10.6 going into July, the highest level since October 2001.

A Reuters poll had expected an unchanged reading of 10.4, from last month, also a near 16-year high.

GfK linked the high reading to income expectations reaching their highest level since reunification in 1990 as Germany's robust labour market continues to fuel consumption and growth.

[i_robot73]

>
but but but Germany is collapsing in a misima of lawless chaos, no
go zones, mass rape, and a sinister dark stealth invasion by a super clever secret army.

at least that’s what I read on the internet.
>

And the U.S. is 20T+ in debt (coming to 35 soon), $120T+ in unfunded liabilities, 95M+ out of the work-force, a 30M+ illegal occupying force, QE bubble and a govt of continual suppression of Rights....

But, LOOK at the STOCK MARKET!! Consumer confidence rate!

Propaganda isn’t new to the world, especially in Germany. Hell, it was recently codified here as well (our new ‘Global Engagement Center’).

[Berlin_Freeper]

Except in Germany the government has been running on austerity and has a balanced budget for years running, record low unemployment, and record surplus trade.