Warning sign

• German industrial output unexpectedly slumped 1.9 percent in November in a broad-based decline led by consumer goods and energy.
• Year-on-year output was down 4.7 percent, the worst performance since 2009.
• The dramatic downturn raises the risk that Europe’s largest economy will slip into recession as expectations for a rebound, voiced by the country’s central bank, seem premature. 

(Source: Bloomberg)