Germany Sept GFK consumer confidence report just out 29 Aug
- 10.8 prev
- 5th consecutive gain
- highest reading since Oct 2001
The Gfk German Consumer Climate Index measures the level of consumer confidence in economic activity. The data is compiled from a survey of about 2,000 consumers which asks respondents to rate the relative level of past and future economic conditions.
Not tier 1 data in terms of price impact. Good general info though especially with German election approaching next month.
EURUSD 1.1980 just off session highs
German GFK mm