Consumer confidence stagnated in Germany

Instead of the expected minimal improvement, German consumer confidence has stagnated, according to a survey published by GfK on Tuesday.

The consumer mood index of the Nuremberg-based Market Research Institute in December was 10.7 points, similar to November. The September indicator was 10.9 points, the highest since October 2001.
Experts expected a slightly higher December indicator of 10.8 points. (MTI)