FXstreet.com (Barcelona) - The forward looking GfK consumer sentiment index has remained unchanged in February from Jan showing increases in inflation and employment while uncertain about upcoming economic developments, according to the latest research by the GfK research institute.

In February, the GfK index posted a 4.5 reading, same as in January, slightly above the 4.4 points expected by the market.

The positive trend in the labour market, according to the GfK group, has produced an increase on the economic expectations index, which rose to 28.7 points in January from 23.6 points in December, but below the 37.5 points in January 2007. Consumers' income expectations, however, have deteriorated, decreasing to -4.7 in January from -1.7 in December.