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German consumer sentiment drops as fears over job cuts and income grow.
German consumer sentiment is declining due to growing concerns about job cuts and income prospects.
A recent survey by GfK and the Nuremberg Institute shows the consumer sentiment index dropped to -23.3 in December from -18.4 in November, indicating a pessimistic outlook as the year ends.
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El sentimiento de los consumidores alemanes disminuye a medida que aumentan los temores por los recortes de puestos de trabajo y los ingresos.