German consumers are increasingly gaining the impression that the economy will recover soon, according to a survey published on Thursday (July 23). The consumer sentiment index published by the GfK institute showed morale improved more than expected heading into August.
Shoppers were given a boost from a temporary cut in VAT as part of the government's stimulus package.

Subscribe: http://smarturl.it/reuterssubscribe

Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled.

Get the latest news on: http://reuters.com/
Follow Reuters on Facebook: https://www.facebook.com/Reuters
Follow Reuters on Twitter: https://twitter.com/Reuters
Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en