UK consumer price inflation exceeded the central bank's 2 percent target for the first time in nearly two years in May, data released by the Office for National Statistics revealed on Wednesday. Consumer price inflation accelerated to 2.1 percent in Read More →

Growth in China's industrial production and retail sales eased more-than-expected in May, official data revealed Wednesday. According to the National Bureau of Statistics, industrial production grew 8.8 percent on a yearly basis in May, weaker than the economists' forecast of Read More →

After reporting a sharp pullback in new residential construction in the U.S. in the previous month, the Commerce Department released a report on Wednesday showing housing starts rebounded in the month of May.Original Article Read More →

Reflecting a jump in fuel prices, the Labor Department released a report on Wednesday showing U.S. import prices increased by more than expected in the month of May. The Labor Department said import prices jumped by 1.1 percent in May Read More →

After moving along the flat line since the start of the Asian session on Wednesday, the U.S. dollar climbed higher, scoring notable gains against most of its peers, after the Federal Reserve said it expects two rate increases by the Read More →

New Zealand's gross domestic product expanded 2.4 percent on year in the first three months of 2021, Statistics New Zealand said on Thursday.Original Article Read More →