Saturday February 22, 2020

German consumer confidence drops in September

German consumer confidence declined for the second consecutive month in September, pushed down by the continued geopolitical tension between the EU and Russia over the Ukraine crisis, a new survey has found.

26th September, 2014
German consumer confidence falls

German consumer confidence declined for the second consecutive month in September, pushed down by the continued geopolitical tension between the EU and Russia over the Ukraine crisis, a new survey has found.

The survey by market research company GfK found that household confidence was expected to fall to 8.3 points in October, down from 8.6 points in September.

Consumers’ income expectations also fell for a second month in a row.

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