BERLIN, July 27 (Xinhua) -- German consumer climate rises slightly with its overall indicator increasing from 10.6 points in July to 10.8 points for August, market research group GfK reported on Thursday.
In its monthly survey, the GfK said economic expectation continues to rise in Germany, while income expectation has even surpassed its post-reunification high reported in last month's survey.
However, the propensity to buy of German consumers suffers a few minor blows, but still remains at a high level.
Rolf Buerkl, an analyst for the Nuremberg-based research group, said that the consumer mood in Germany is on a continued rise, but he warned further development is not risk-free, especially abroad.
"The recently started Brexit negotiations, the unclear policy of the American government in terms of trade and the worsening crisis in the relationship between Germany and Turkey have not yet had a measurable impact on consumer mood in Germany. If that does happen, it could put the brakes on the consumer climate," Buerkl said in a statement.
The GfK consumer climate survey has been conducted since 1980. Its findings are based on around 2,000 consumer interviews conducted each month on behalf of the European Commission, the executive body of the European Union.
