Reflecting weak production of energy and pharmaceutical products, Germany's industrial output declined more than expected in May, darkening economic outlook. Industrial production posted a monthly fall of 0.2 percent in May in contrast to the 0.3 percent increase in April, Destatis reported Friday. Output was forecast to drop 0.1 percent. The decline was largely driven by the sharp 13.1 percent f...
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.