Consumer confidence improves in April - GKI

Analysis

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Economic research institute GKI's gauge of consumer confidence rose to -24.5 points in April from -32.6 points in the previous month, according to a report by state news wire MTI.

Households' assessments of their own financial positions "strongly improved" in April and their outlook for the economy "improved by a similar degree", GKI said. 

Fears of unemployment "eased significantly". More households planned to make big-ticket purchases, while the number who said they could make savings was little changed.

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