Germany's consumer confidence index improves to -18.4 in August, up from -21.6 in July.

Germany's consumer confidence improves moderately in August, with a GfK consumer confidence index of -18.4, up from -21.6 in July. Income expectations hit their highest since Oct 2021, while the propensity to buy indicator increased 4.6 points. However, the European Football Championship's impact on consumer sentiment is uncertain, and economic growth forecasts for 2024 remain weak.