Germany industrial production declined unexpectedly in November, data from Destatis showed Friday.Industrial output dropped 0.2 percent month-on-month in November, reversing a 2.4 percent rise in October. Economists had forecast production to climb 1 percent.Compared to February 2020, the month before the start of the restrictions due to the corona pandemic in Germany, production was 7.0 percent l...
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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.