German consumer sentiment picks up again - GfK

German consumer sentiment looked set to improve next month driven by softer energy prices and predicted wage rises, according to a survey published on Wednesday.

The GfK institute's consumer sentiment index improved to -25.7 from a slightly upwardly revised -29.3 in April, the seventh increase in a row and above expectations of a reading of -27.9.

Reporting by Frank Prenesti for Sharecast.com