Frankfurt (AFP) – Consumer confidence in Germany has stopped falling, as consumers appear to be no longer fazed by economic fallout from geopolitical crises, a new poll found on Friday. Following the recent declines, “consumer sentiment rose again somewhat in October, halting the downward trend,” market research company GfK said in a statement.”Consumers appear to be less unnerved by the ongoing geopolitical tensions and the ensuing economic slowdown. Both income expectations and the willingness to spend have risen again. And the economic expectations are more or less unchanged.” Looking ahead to next month, GfK’s headline household confidence index was forecast …read more
Source: Business Insider
