Consumer and producer prices data from the UK is the top economic news due on Wednesday, headlining a light day for the European economic news.
At 2.00 am ET, the Office for National Statistics is set to publish UK consumer and producer prices for August. Economists forecast inflation to rise to 7.0 percent from 6.8 percent in July. Output prices are expected to fall 0.6 percent, following July's 0.8 percent decrease.
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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.