German consumer morale dips heading into Dec, still robust

From reuters.com

German consumer morale dipped slightly going into December amid concerns over the euro zone crisis and global growth but still-solid domestic demand should help Europe's largest economy avert recession, market research group GfK said on Monday. The forward-looking consumer sentiment indicator, based on a survey of around 2,000 Germans, eased to 5.9 heading into December from a downwardly revised 6.1 in November, the same level as in October. December's reading was below expectations in a Reuters poll of 24 economists for a level of 6.2. The GfK data also showed German consumers' readiness to make purchases and their ... (full story)