Austria's consumer price inflation increased further in May to the highest level in five months, flash data from Statistics Austria showed on Tuesday.The consumer price index climbed 3.7 percent year-over-year in May, faster than the 3.4 percent increase in April.The upward trend in inflation was largely attributed to higher costs for services, with the corresponding inflation rising to 4.4 percen...
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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.