The sentiment of German consumers is at an annual low

The consumer mood index of the German GfK market research institute fell to its lowest point in December.

The German consumer mood index of GfK (Gesellschaft für Konsumforschung) declined to 10.4 points in November from the 10.6 points of November instead of the expected 10.5 points.

In January, the index was 10.8 points, and the highest this year was 11.0 points in February. The 10.4 points in December is the lowest this year’s index. (MTI)