The Trader 

Market Outlook: Q3 2018 GDP shrinks

The Trader

Data out overnight showed that Japanese Q3 GDP contracted by 0.3 per cent dragging down the annualised rate to -1.2 per cent from +3.0 per cent in Q2. The blame can be put on natural disasters, declining exports, and above all, a drop in domestic demand. Grim all round. In Germany Q3 GDP also shrank, and by a bigger than expected 0.2 per cent, the first negative reading in over 3 years, taking the annualised growth in the economy to 1.1 per cent from 2.0 per cent in the previous quarter. Leading the drag were automakers and generally slowing exports.

To continue reading, register today

to enjoy limited access to the following:

  • Daily trading news
  • Funds coverage
  • Features on big investment themes
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now