Overall, consumer sentiment in Germany was somewhat more moderate in August. While income expectations rose slightly, both economic expectations and propensity to buy declined. As a result, GfK is forecasting a value of -1.2 points in consumer sentiment for September, down 0.8 points from August of this year (revised from -0.4 points). These are the findings of the GfK Consumer Climate Study Germany for August 2021. In addition to the decline in propensity to buy, an increasing propensity to save in August is currently causing consumer sentiment to drop. Rolf Bürkl, a GfK consumer expert, commented on this ... (full story)