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flag France's growth forecast cut to 0.7% as business confidence falls amid weak demand and rising energy costs.

flag France's business confidence fell sharply in April 2026 due to weak domestic demand and rising energy costs, leading to a downward revision of the country's growth forecast to 0.7%. flag While manufacturing showed strong growth and improved industrial confidence, the broader economy faces headwinds as inflation is expected to rise to 2.1%. flag Meanwhile, U.S. manufacturing activity also improved, with the PMI rising to 54.0, though supply constraints and a decline in manufacturing employment were noted.

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