UK shop price inflation accelerated in May on rising non-food prices, the British Retail Consortium said Tuesday.The shop price index climbed 1.2 percent year-on-year in May, following April's 1.0 percent increase. Non-food prices advanced 0.5 percent, in contrast to the 0.1 percent fall in the previous month. At the same time, non-food inflation softened to 2.7 percent from 3.1 percent in April. ...
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.