The UK manufacturers expect output volumes to decline again in the three months to December, the latest Industrial Trends Survey from the Confederation of British Industry showed Tuesday. A net balance of 13 percent said output volumes declined in the three months to September compared to -22 percent in the quarter to August. A net 14 percent forecast output volumes to decline in the three months ...
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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.