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German consumer sentiment set to improve in April, helped by lower energy prices

Dow Jones Newswires Published: March 29, 2023 at 2:24 a.m. ET German Chancellor Olaf Scholz briefs the media after a virtual meeting of the G7 leaders, at the chancellery in Berlin, Germany, Monday, Dec. 12, 2022. (AP Photo/Markus Schreiber) AP Consumer confidence in Germany is expected to improve again in April, its sixth gain in
Financial Press

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Dow Jones Newswires

German Chancellor Olaf Scholz briefs the media after a virtual meeting of the G7 leaders, at the chancellery in Berlin, Germany, Monday, Dec. 12, 2022. (AP Photo/Markus Schreiber)

AP

Consumer confidence in Germany is expected to improve again in April, its sixth gain in as many months, prompted by lower energy prices, though momentum in the month weakened as recession fears loom.

Germany’s forward-looking consumer-sentiment index forecasts confidence to tick up to minus 29.5 in April from a downwardly revised minus 30.6 in March, the highest level since July 2022, according to data from market-research group GfK published Wednesday.

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