UK consumer prices increased more than expected in March to remain stubbornly high on rising food prices and strengthened the call for a quarter point interest rate hike at the next Bank of England policy meeting in May. Consumer prices logged an annual increase of 10.1 percent, which was slower than the 10.4 percent in February, the Office for National Statistics reported Wednesday. However, head...
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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.