German consumer confidence indicator rises to 8. 9

(AGI) Frankfurt, June 25 - Germany's consumer confidence indexrose to 8.9, reported market research group GfK. This revisedJune's reading of 8.6. The European Central Bank's decision todrop a refinancing rate and turn deposit rates negative havereduced the incentive to save, so boosting consumption, saidthe group. (AGI) . .

(AGI) Frankfurt, June 25 - Germany's consumer confidence indexrose to 8.9, reported market research group GfK. This revisedJune's reading of 8.6. The European Central Bank's decision todrop a refinancing rate and turn deposit rates negative havereduced the incentive to save, so boosting consumption, saidthe group. (AGI) . .