Consumer confidence in Germany is expected to increase in August and stand at negative 18.4, up from the previous month's revised figure of negative 21.6, a joint report released by the market research institute GfK and the Nuremberg Institute for Market Decisions (NIM) showed on Wednesday.

The economic expectations indicator is forecasted to jump by 12.3 points to 9.8 points. The income expectations indicator is expected to climb by 11.7 points to 19.7, Caspian Energy Media reports with reference to “Baha”.