German economy stutters as exports plunge
German exports fell sharply in November and industrial output declined, suggesting Europe's largest economy ended 2014 on a weak note.
The slowdown in the Eurozone anchor both reflected and further fed weakness across the currency bloc, which is still struggling to emerge from a long-running economic crisis.
Some economists felt the fall in oil prices could provide a boost for Germany's powerful exporters, while a weakening the euro could help companies selling beyond Europe.
But seasonally-adjusted exports dropped for a second consecutive month in November by a bigger-than-expected 2.1pc.
Industrial output decreased by 0.1pc as construction activity weakened and energy production fell. That was weaker than a consensus forecast for a 0.4pc increase.