UK house price growth accelerated in January as uncertainty around the budget faded, monthly data from the Nationwide Building Society showed Monday.House prices rose at a pace of 1.0 percent on a yearly basis in January after climbing 0.6 percent in December. This was faster than economists' forecast of 0.7 percent. Month-on-month, house prices moved up 0.3 percent, in line with expectations, and...
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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.