Australia's inflation accelerated in November on higher housing and food prices and retail sales posted its biggest growth in ten months, official data revealed Wednesday. The monthly consumer price index indicator advanced to 7.3 percent in November from 6.9 percent in October, the Australian Bureau of Statistics reported. The annual growth was driven by the 9.6 percent rise in housing and 9.4 p...
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.