France's industrial production rebounded in April with the sharp recovery in petroleum output, the statistical office INSEE reported Friday.Industrial output logged a monthly growth of 0.8 percent, reversing the 1.1 percent decrease in March. Production was expected to climb 0.3 percent. Similarly, manufacturing output advanced 0.7 percent, in contrast to the 1.1 percent fall in the prior month.Pr...
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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.