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Housing prices in the UK rose by 1.5% in May this year after a decrease of 3.1% in April, Halifax reported. Economists had predicted a smaller increase - by 1%. In annual terms, prices increased by 1.9%, as well as in the previous two months. As the survey showed earlier, against the backdrop of the Brexit moment, rising prices on the UK housing market will lag behind inflation. It is expected that prices in London will fall in 2018. Specialists of the housing market forecast this year the growth of housing prices throughout the country on the average by 1.7%, in London - by 1%.
Oil traded higher on Friday, further reclaiming lost ground from three-week lows in the previous session as the COVID-19 situation continued to dent the global economy as well as oil consumption. Brent crude gained 0.3%, trading at $43.08 ...
The second quarter had seen Australian consumer prices dropping by a record. This could be attributed to the coronavirus crisis dragging child care cost and petroleum prices, inflicting a serious damage to years of growth toward higher inflation. Last ...
Britain on Wednesday signed a supply deal for up to 60 million doses of a possible COVID-19 vaccine that is being developed by pharmaceutical companies GlaxoSmithKline (GSK) and Sanofi. The financial details of the agreement were not disclosed. However, ...
The reimplementation of virus-related lockdowns in some states dragged the U.S. economic outlook in the past month, according to economists in a Reuters poll who also warned that the monitored rebound in employment may reverse by the end of ...
Japan's industrial output is expected to recover in June from a double-digit decline in May amid hopes that factory activity may have reached its lowest due to the coronavirus pandemic, according to a Reuters’ poll of 13 economists. While ...
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