Growth of 0.6% was forecasted, last time it was 2.3%.

On an annualized basis Germany's consumer price index also slowed down from 45.8% in September to 34.5% in October. Growth of 42.1% was forecasted.

Positive for the markets, despite the problems with energy and still soft policy of the EU Central Bank, inflation went down. The main reason for that is relatively cheap gas (instead of $2500 it trades at $1000).