Germany's inflation unexpectedly softened in May largely reflecting the slowdown in energy price growth, preliminary data from Destatis showed Friday.Consumer price inflation weakened to 2.6 percent in May. Inflation was forecast to stay steady at 2.9 percent, which was the highest since December 2023.Likewise, EU harmonized inflation slowed to 2.7 percent from 2.9 percent a month ago. The harmoni...
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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.