House prices in the United Kingdom fell for the fourth straight month in July, though slightly, and the housing market continued to display a degree of resilience in the face of tough economic headwinds, survey data from the Lloyds Bank subsidiary Halifax and S&P Global showed on Monday.
The house price index dropped 0.3 percent month-on-month in July, following a 0.1 percent fall in the prior month.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.