UK inflation slowed to a three-month low in March on falling fuel and clothing prices ahead of the coronavirus lockdown, data from the Office for National Statistics showed Wednesday. Consumer price inflation eased to 1.5 percent from 1.7 percent in February. This was the lowest rate since last December, when prices rose 1.3 percent. The rate came in line with expectations.On a monthly basis, cons...
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.