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German consumer confidence slips

A survey shows that consumer confidence in Germany fell slightly, although there are indications that healthy economic growth.
Wednesday prospective GFK consumer sentiment index fell 6.9 points in September from 7.0 in August. The index has risen since February, but the research agency said, should not be considered a slight decrease, but as a recession begins.
GfK noted that a stable and favorable labor market developments should continue to boost the income of German consumer climate.
2000 consumer survey found that their willingness to buy continues to improve, but the income and economic expectations declined.
In the strong 0.7% growth in the second quarter, the German economy in the first quarter and the end of 2012 after the mediocre.
 



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