Greece dampens German consumer confidence

Consumer confidence in Germany is being dampened slightly by the enduring wrangle over Greece's debt crisis, a poll found on Friday.

"The hitherto marked optimism among consumers has received a slight knock," market research company GfK said in a statement.

"Despite the deal reached with Greece over its debt, the downward trend in economic expectations has intensified with the third consecutive monthly decline," the statement said.

That, in turn, has weighed on consumers' willingness to spend money and on their income expectations, GfK continued.

Another negative factor was a slight increase in households' willingness to save, it added.

Looking ahead to next month, GfK's headline household confidence index was forecast to slip to 9.9 points in September from 10.1 points in August.

"Despite the decline, however, it cannot be said that Germany's economic motor, consumption, has stalled or even choked off," GfK said.