The Trader 

Market Outlook: Yesterday factory orders

The Trader

Data out this morning show a surprise collapse in November German industrial production, off 1.9 per cent on the month, and third consecutive fall, taking the annualised rate of decline to 4.7 per cent. The bulk of the damage was done by a 4.1 per cent fall in consumer goods, a 3.1 per cent drop in energy production, and a 1.7 per cent fall in construction products. Summed up nicely by Claus Vistesen of Pantheon Macroeconomics: ‘’Berlin, we have a problem’’.

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
Register
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