Gfk German consumer confidence index climbed to 8.7 in December

Market news

27 November 2014

Gfk German consumer confidence index climbed to 8.7 in December

The market research group GfK released its consumer confidence survey on Thursday. The Gfk German consumer confidence index increased to 8.7 in December from 8.5 in November, beating forecasts for a rise to 8.6.

Gfk said that geopolitical tensions and the economic slowdown in the Eurozone had not yet dampened willingness to buy.

Gold decline

German preliminary consumer index dropped the lowest level since February 2010

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