France's manufacturing confidence deteriorated to the lowest since early 2021 on weak assessment of order books and past production, monthly survey results published by the statistical office INSEE showed on Thursday.The manufacturing sentiment index slid to 96 in August from 101 in July. This was the lowest reading since January 2021 and also below economists' forecast of 99.The balance of opinio...
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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.