German consumer sentiment dips slightly into August, survey finds
BERLIN, July 24 (Reuters) - German consumer sentiment is set to dip slightly going into August as households remain cautious about spending amid more pessimistic income expectations, a survey found on Friday. The consumer sentiment index, published by the Nuremberg Institute for Market Decisions and the GfK market research institute, fell to -29.6 points in August from a revised -29.3 points the month before. In contrast, analysts polled by Reuters had expected the index to rise slightly, to -28.5 points.
BERLIN, July 24 (Reuters) - German consumer sentiment is set to dip slightly going into August as households remain cautious about spending amid more pessimistic income expectations, a survey found on Friday. The consumer sentiment index, published by the Nuremberg Institute for Market Decisions and the GfK market research institute, fell to -29.6 points in August from a revised -29.3 points the month before. In contrast, analysts polled by Reuters had expected the index to rise slightly, to -28.5 points.
What's Your Reaction?
:max_bytes(150000):strip_icc()/GettyImages-2187410260-5afe56694791404f99c253dd8d5abe6a.jpg?#)
