The euro area's M3 money supply rose 2.7% year over year in April, following a 3.2% increase in March, the European Central Bank said Monday.
Analysts expected a 3.3% growth for the month.
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International
Final PMI: French Manufacturing Activity Contracts in May
France's manufacturing sector activity slipped into contraction territory in May, amid renewed downturns in output and new business as the temporary boost from client restocking faded, S&P Global data showed Monday.The final S&P Global France Manufacturing PMI fell to 49.7 from 52.8 a month ago, against the flash estimate of 48.9, and reversing the start of the quarter's four-year high. The index fell below 50 for the first time since November 2025.
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International
Italian Manufacturing PMI Inches Up to Over Four-year High in May
Operating conditions in Italy's manufacturing sector improved the most in May in just over four years as demand recovery due to safety stockpiling led to a pickup in new orders and faster output expansion, S&P Global said Monday.The S&P Global Italy manufacturing PMI rose to 52.9, the highest since April 2022, from 52.1 in April 2026. The consensus estimate for the month was 52.
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International
Swiss Manufacturing PMI Climbs in May
Switzerland's manufacturing PMI increased to 57.3 in May from 54.5 in April, according to procure.ch and UBS data published Monday.The consensus estimate for the month stood at 54.
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