German consumer confidence edges up slightly: survey

Consumer confidence in Germany is continuing to rise amid growing optimism that Europe's biggest economy has put the worst of the debt crisis behind it, a poll found on Wednesday.

Market research company GfK said its household confidence index was forecast to inch upwards to 5.9 points in March from 5.8 points in February, a statement said.

GfK said that both consumers' economic expectations and their willingness to spend are continuing to rise, even if their income expectations have slipped slightly.

"Europe's financial crisis is barely making the headlines at the moment. And financial market players are behaving calmly. Under these conditions, Germans are looking to the future with relative ease," the statement said.

"Their assumption is that German economy will successively improve in the coming months. This is the second consecutive monthly rise in the indicator," GfK added.

The headline consumer confidence reading is based on responses from about 2,000 households on their expectations about pay and the economy as a whole in the coming months, as well as their willingness to spend money.

Other recent confidence indicators -- such as the ZEW investor confidence index and the Ifo business climate index -- have risen sharply recently on hopes that Europe's top economy will bounce back from a dip in growth at the end of last year and boost prospects for the eurozone as a whole.

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