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    • News

    Germany

    By Ma. Rizza Leonzon // 02 September 2010

    German consumer confidence is on the upswing due to falling unemployment rates and a decrease in the use of a government-funded reduced-work scheme. GfK institute said the overall indicator for consumer optimism is expected to be at 4.1 points for September, up 0.1 points from August, The Associated Press reports.

    “Consumers clearly do not believe the recovery of the German economy to be a flash in the pan, but rather expect it to continue,” the institute said. “Companies share the consumers’ optimism.”

      Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).

      About the author

      • Ma. Rizza Leonzon

        Ma. Rizza Leonzon

        As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.

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