German economic confidence weakened to a six-month low in July, survey data from the ZEW - Leibniz Centre for European Economic Research showed Tuesday.The ZEW Indicator of Economic Sentiment declined sharply to 63.3 in July from 79.8 in the previous month. This was the lowest score since last January, when the score was 61.8 and also below economists' forecast of 75.2.On the other hand, the asses...
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.