Europe’s competitiveness is weakening and many firms are considering moving operations to North America, a survey of business leaders from the region has found. The survey (pdf), published by the European Round Table for Industry (ERT) on May 23, found that 84 percent of CEOs and Chairs believe Europe’s competitiveness is weakening, with 16 percent…
Europe Turning Less Competitive, Losing Business to North America, Says Survey
May 24, 2023
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Inflation in France Exceeds 5 Percent in May
Annual French inflation exceeded 5 percent in May as citizens continued to be battered by surging prices of food and energy, according to provisional data from the state’s statistical agency. The 12-month Consumer Price Index (CPI), a measure of inflation, came out at 5.2 percent in May 2022, according to data from INSEE, the French…
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