UK house prices grew at the slowest pace since April 2024 largely due to the high base effects, data from the Nationwide Building Society showed on Friday. House prices posted an annual growth of 0.6 percent in December, which was weaker than the 1.8 percent rise in November. Prices were expected to climb 1.2 percent. On a monthly basis, house prices dropped 0.4 percent, in contrast to the 0.3 per...
For comments and feedback contact: editorial@rttnews.com
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.