Consumer sentiment in Germany is at a two and a half year low,

GfK’s German consumer sentiment index for August decreased to a two-and-a-half-year low.

According to a report released by GfK on Tuesday, the consumer sentiment index fell to 9.7 points in August, from nearly two and a half years nadir (9.8 points in July). The index has been at its lowest since April 2017. (MTI)