BLOOMBERG The U.K.’s chief statistician said he wants the country’s main inflation measure to include housing costs, backing an index that’s been stripped of its quality mark. In a letter to the Statistics Authority, John Pullinger said CPIH — consumer prices index including owner-occupiers housing costs — should be the “preferred measure of consumer inflation.” He said it’s important that ...

Bloomberg Three properties on Fifth Avenue in midtown Manhattan are coming up for sale, providing a test for the biggest U.S. commercial real estate market amid signs that a six-year boom in prices is coming to an end. Joseph Sitt’s Thor Equities is seeking bids for office-and-retail buildings at 693 Fifth Ave. and 590 Fifth Ave., according to three people ...

DPA Since the 1970s, Norwegian crude oil has flowed to the market seemingly without let-up, and along with it, vast sums for the state’s coffers. The natural resources sector accounts for around a fifth of Norwegian economic output, with more than 200,000 jobs dependent on it in a population of just 5.2 million. The outlook has changed radically since the ...