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Category economic

US retail sales rise 0.9% in May, surpassing market expectations

US retail sales rise 0.9% in May, surpassing market expectations

US retail and food services sales increased in May 2026, reflecting continued strength in consumer spending and exceeding market expectations, acco...
UK annual house price growth accelerates to 3.8% in April, ONS data shows

UK annual house price growth accelerates to 3.8% in April, ONS data shows

UK house prices recorded their strongest annual growth in more than a year in April 2026, while property transaction levels remained significantly ...
British consumer inflation remains steady at 2.8% in May

British consumer inflation remains steady at 2.8% in May

British inflation remained unchanged in May, according to official data released on Wednesday, providing a closely watched update for policymakers ...
Motor oil shortage may last into 2027 despite US-Iran deal, shops warn

Motor oil shortage may last into 2027 despite US-Iran deal, shops warn

While a US–Iran deal to reopen the Strait of Hormuz may ease geopolitical tensions, auto repair shops in Tokyo and dealerships in Detroit are unlik...
What is in the new US-Iran peace deal? Here’s what we know

What is in the new US-Iran peace deal? Here’s what we know

Global stocks and cryptocurrencies are rallying today, with top Asian indices like the Nikkei 225, Kospi, and Topix jumping by over 5%, after the U...