German consumer sentiment tumbles in December on job cut fears, GfK report shows

By Yahoo! Finance   |   3 months ago
German consumer sentiment tumbles in December on job cut fears, GfK report shows

German consumer sentiment is set to decline sharply in December due to growing pessimism about income prospects and job cuts. The latest survey by GfK and NIM shows a significant drop to -23.3 points, the lowest since May, reflecting a challenging economic outlook.

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