Amid rising energy bills and higher interest rates squeezing UK household budgets, house price inflation softened in August, data published by Nationwide Building Society showed Thursday.
House price inflation slowed to 10.0 percent in August from 11.0 percent in July. Nonetheless, the rate remained in double-digits for the tenth month in a row. The rate was forecast to ease more sharply to 8.9 percent.
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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.