FIRST AIRED: February 7, 2017

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Transcript

00:00:01
>> It's a surprise tumble but economist say, don't be surprised. The biggest fall in nearly eight years in German factory output, blamed on special factors like cold weather and the impact of Christmas on the December reading. Compared to output, factory orders did rise ten times more than expected, a sign of a strong start to 2017, if there are big worries about how it might end.
00:00:24
With Donald Trump's protectionist rhetoric edging onto the European stage, German unions, government, trade bodies now getting together to voice their concern.>>
FOREIGN]
> There's a lot at stake. Hundreds of thousands of German jobs depend on European companies selling products in the United States. US companies investing in Europe.
00:00:45
>> For Britain, the concern is inflation spiking on a weaker pound. The latest retail sales survey showing consumers reining in spending last month. Though not all see a Brexit doomsday scenario yet. But December retail sales already fell at their most in more than four years and last week the Bank of England reported a slow down in consumer borrowing.