Economic Buzz: German business confidence stays slippery

German consumer confidence is set to continue its downward movement in November on weaker income expectations, survey data published jointly by NIQ/GfK and the Nuremberg Institute for Market Decisions showed Tuesday. The consumer climate indicator dropped to -24.1 in November from revised -22.5 in October. The income expectations index fell sharply to 2.3 from 15.1 in September while the economic expectations indicator edged up to 0.8 from -1.4.

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