UK house prices dropped for the second straight month in April as geopolitical tensions drive inflation higher and trigger interest rate hike concerns, data published by the mortgage lender Halifax showed Friday.
House prices dropped 0.1 percent on a monthly basis in April but slower than the 0.5 percent decrease in March. Prices were expected to remain flat.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.