UK consumer prices grew at the slowest pace in three months in December, largely due to the slowdown in motor fuel inflation, which in turn reduced the squeeze on household spending. Consumer price inflation slowed for the second straight month in December, to 10.5 percent, as expected, from 10.7 percent in November, figures from the Office for National Statistics revealed Wednesday.On a monthly b...
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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.