German consumer mood improves as inflation slows
Minus 24.4 points in August from minus 25.2 points in July
27 July, 09:37
(ANSA-AFP) - BERLIN, JUL 27 - German consumer confidence rose
heading into August, a key survey showed Thursday, as once
red-hot inflation looked to be on the way back down. Pollster
GfK said its forward-looking survey of around 2,000 people rose
to minus 24.4 points in August from minus 25.2 points in July.
The mood among consumers hit a low of minus 42.8 points in
October, as prices soared and consumers worried about the cost
of heating their homes over the coming winter. Since then, the
index climbed steadily until July, when it suffered a small
drop. (ANSA-AFP).
