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Top StoriesFrench Manufacturing Activity at Seven-Month Low in May -PMI
Top StoriesItaly May Manufacturing Growth Slows Amid Shortages, Weak Demand -PMI
Top StoriesBacklogs, More Staff Help German Factories Against Headwinds -PMI
Top StoriesEuro Zone Sentiment Barely Changed in May, Inflation Expectations Ease
Prince William Holds Future of British Monarchy in His Hands
Date: May 27, 2022
By Michael Holden LONDON (Reuters) – While nearly all attention will be focused next week on Queen Elizabeth as she celebrates her 70th anniversary on the throne this year, for those with eyes on the future of the British monarchy, attention is switching to her grandson Prince William. The British royals have suffered a bruising...
Italy Business and Consumer Morale Rise in May but Manufacturing Still Downbeat
Date: May 26, 2022
ROME, May 26 (Reuters) – Morale amongst Italian businesses and consumers rose in May, data showed on Thursday, with service industries regaining confidence despite the ongoing war in Ukraine while manufacturers remained downbeat. National statistics institute ISTAT’s manufacturing confidence index fell to 109.3 in May from 109.9 in April, but still came in slightly above...
European Executives’ Confidence Plunges on Ukraine Crisis – Survey
Date: May 24, 2022
(Reuters) – The Russia-Ukraine crisis and soaring energy prices have nearly halved the confidence of European business leaders in the first half of the year and many corporations have passed on the costs to consumers, an industry survey showed on Tuesday. The executives’ confidence plunged to 37 on a scale of 0 to 100 from...
Euro Zone Business Growth Slowed in May but Still Resilient -PMI
Date: May 24, 2022
By Jonathan Cable LONDON (Reuters) -Growth in euro zone business activity slowed this month but was still relatively strong despite a cost of living crisis putting a dent in consumer spending power and a shortage of raw materials holding back expansion in manufacturing, a preliminary survey showed. S&P Global’s flash Composite Purchasing Managers’ Index (PMI),...
German Economy Remains on Growth Path for Now -PMI
Date: May 24, 2022
BERLIN (Reuters) – A sustained rebound in services helped business activity in Germany grow again in May, though there are signs that rising prices, market uncertainty and supply problems are starting to put pressure on demand, a preliminary survey showed on Tuesday. S&P Global’s flash Purchasing Managers’ Index (PMI) for services was 56.3 in May,...
French Business Activity Slowed Slightly in May -PMI
Date: May 24, 2022
PARIS (Reuters) – French business activity slowed slightly in May compared to the previous month, a preliminary survey showed on Tuesday, as inflationary pressures took the shine off fewer COVID-19 restrictions. S&P Global said its flash May Purchasing Managers’ Index (PMI) for France’s services sector was 58.4 points – down from a final number of...