Browsing: Yleisiä uutisia

LONDON – British inflation held steady in August, in line with analysts’ expectations, data from the Office for National Statistics showed on Wednesday.The overall consumer price index (CPI) was consistent with July’s 2.2% reading and in line with forecasts in a Reuters poll of economists. The overall CPI in May and June was 2%, consistent with the Bank of England’s target interest rate.GBP Shortly after the news was released, shares rose 0.18% and were trading at $1.3183 as of 8:09 a.m. London time.Services inflation, which rose to 5.6% in August from 5.2% in July, is closely watched by the Bank…

A market stall in Kingston, London, 2024.Bloomberg | Bloomberg | Getty ImagesLONDON – European markets ended lower on Wednesday as investors considered key data from the region and awaited a Federal Reserve interest rate decision.The pan-European Stoxx 600 index closed down 0.49%, with most regional stock markets and sectors retreating. Utilities stocks fell 0.78% and food and beverage stocks fell 1%.In Europe, data from the British Office for National Statistics showed that British August inflation data was released on Wednesday and was 2.2%. This is unchanged from July and in line with expectations.The data comes ahead of a Bank of…