Eurozone economic confidence unexpectedly weakened in April driven by worsening sentiment in industry, retail trade, construction and among consumers, survey results from the European Commission showed on Monday.The economic confidence index dropped to 105.0 in April from 106.7 in March, while the reading was forecast to improve to 108.0.Among big-four economies, economic sentiment deteriorated in...
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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.