Consumers are less optimistic about the future

Instead of the expected growth a decline occurred, but the German consumer sentiment index remained near its peak in September – the German GfK economic research institute announced on Wednesday.

The GfK’s German consumer sentiment index for September fell to 6.9 points, from the previous month's 7.0 points. Analysts expected 7.1 points.

The 7.0 points in August was a six-year peak. The index has increased steadily since February. (MTI)