The UK construction sector expanded at the fastest pace in more than two years in July as election-related slowdown proved to be temporary, survey results from S&P Global showed on Tuesday.The headline S&P Global construction Purchasing Managers' Index rose unexpectedly to 55.3 in July from 52.2 in June. The reading was forecast to fall to 51.0.The score suggested that total activity extended the ...
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Business News
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.