Consumer price inflation in Iceland moderated slightly in May to the lowest level in five months, preliminary data from Statistics Iceland showed on Thursday.The consumer price index rose 5.1 percent year-on-year in May, slightly slower than the 5.2 percent rise in April. The CPI excluding housing costs was 4.6 percent higher than a year ago.Moreover, this was the lowest inflation rate since Decem...
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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.