The GfK market research institute says low inflation is stoking consumer spending
Ema Nevenka JülichJune 23, 2009
German executives are feeling more positive about their prospects - and now it seems consumers are too. Consumer confidence has risen for a second month in a row - the GfK survey is based on a poll of 2000 people, and the latest one rose again as falling prices boosted household purchasing power. The GfK market research institute says low inflation is stoking consumer spending. Germany's inflation rate fell to zero in May. +++SYN-MAZ+++