UK house prices logged a faster-than-expected growth in November despite budget uncertainty, data from the Nationwide Building Society showed Tuesday. House prices grew 1.8 percent on a yearly basis in November, slower than the 2.4 percent increase seen in October. Nonetheless, the annual growth was faster than the forecast of 1.4 percent. Month-on-month, house prices were up 0.3 percent, slightly...
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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.