Japan's housing starts decreased sharply for the fourth straight month in July, data from the Ministry of Land, Infrastructure, Transport, and Tourism showed on Friday.Housing starts dropped 9.7 percent year-on-year in July, slower than the 15.6 percent plunge in June. Economists had expected a decrease of 9.6 percent.The data indicated a decrease in new construction across all categories, with th...
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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.