GFK German consumer confidence 9.3 vs 9.2 exp. Prior 9.4

It's going to be a softer month in Germany this December if this indicator is to be believed

2000 Germans were less confident overall and takes the reading to the lowest since Feb

Employment was the main worry with 69% thinking that unemployment will rise due to the number of asylum seekers entering the country

There was better news for consumption as the willingness to buy index rose 3 points to 48.9