GfK consumer confidence index in Germany fell for the first time since September 2008

Outrunning GfK index of consumer confidence in Germany is 4.0 points for November, compared with 4.2 points in the previous month. Rate decreased while the forecast increase to 4.5 points. After growth for four consecutive months, the index of expectations about income fell by 3.1 points to 12.9 points. Note that the annualized rate increased by 26 points.
The index of economic expectations, in contrast, rose by 5 basis points to 8.7 points. Disposition to purchase index fell sharply by 10 basis points to 26.1 points.