The German Gfk consumer confidence has increased to -37.8 heading towards January 2023 from -40.2 last month and almost met consensus that was at -38.0.
This is third straight month of rising sentiment.
The number measures financial confidence and is an indicator consumer spending, which accounts for a majority of overall economic activity.
Both economic and income expectations as well as the propensity to buy have recorded gains.
The DAX is -0.42%.