US homebuilder sentiment unchanged, inflation eases

US homebuilder sentiment was unchanged in September after four straight months of gains. The National Association of Home Builders reported on Tuesday that the NAHB/Wells Fargo Housing Market Index remained at 58 in September, unchanged from August.

Another report on Tuesday showed that US inflation eased in August. Consumer prices rose 0.1 percent last month, bringing the 12-month increase down to 1.5 percent from 2.0 percent in July.

In the UK, consumer prices rose 0.4 percent in August. That still left the annual inflation rate at 2.7 percent, down from 2.8 percent in July.