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France's growth forecast cut to 0.7% as business confidence falls amid weak demand and rising energy costs.
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%.
While manufacturing showed strong growth and improved industrial confidence, the broader economy faces headwinds as inflation is expected to rise to 2.1%.
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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La previsión de crecimiento de Francia se redujo al 0,7% debido a la caída de la confianza empresarial en medio de una demanda débil y el aumento de los costos de la energía.