UK consumer price inflation eased more than expected in January on lower fuel prices, but the rate remained elevated, squeezing household income and adding more strain on the cost of living. Consumer prices registered an annual growth of 10.1 percent in January, following the 10.5 percent increase in the previous month, data published by the Office for National Statistics showed Wednesday. The rat...
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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.