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Growth of 0. 7 fail so impress investors. And clack action. Shares of novo nordisk sink after a u. S. Law firm files suit against the danish drugmaker over allegations of concealing pricing pressures in its earnings release. Good morning. Welcome to street signs. We want to kick off with breaking data out of germany for the full 2016 gdp data. We are looking at an increase of gdp of 1. 9 year on year. Some forecasts were looking for something as high as 2 . Looking at the components breaking down the picture, private consumption higher by 2 . Government spending by 4. 2 . Now, looking at the household consumption, that was also 2 higher on the year. This follows disappointing retail data we had out a while ago from germany. Overall the gdp figure is higher by 1. 9 . That compares to a forecast coming from reuters for 1. 8 . When you look at the comparison, this figure slightly ahead of expectations. Lets talk a bit also about oil. We have some flashes coming through on norway. Just try ....
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