(MENAFN) Market research group, GfK, reported that the German consumer climate it about to rise with the predicted indicator at 10.2 points for September, following a value of 10.1 points in August.
Accordingly, income expectations are improving while expectations are suffering slight losses.
Rolf Buerkl, an analyst for GfK stated: "The consumer climate has therefore proved to be completely resistant to the recent rise in general uncertainty caused by the Brexit decision and the noticeably increased fear of terror following the attacks in Bavaria."
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