German consumer morale seen improving in March-GfK

Newswire

BERLIN, Feb 26 (Reuters) - German consumer morale should improve in March as steady prices and a new car purchase incentive buoy consumer confidence despite concerns about the economy, the GfK market research group said on Thursday.

GfK's forward-looking gauge of sentiment, based on a survey of 2,000 Germans, rose to 2.6 in March from an upwardly revised 2.3 in February. The rise -- the sixth in a row -- beat the 2.0 estimate made by economists polled by Reuters .

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