Consumer expenditure

BRUNCH

Are Singaporeans tightening purse strings as they tie the knot?

The latest spending figures are consistent with a consumer who has grown more cautious over the last six months amid cost-of-living concerns and a sluggish job market.

US consumer spending barely rose

The economy is in a different place now, as the war in Iran has boosted energy prices and may take a toll on household sentiment.

US consumer spending barely rises after weaker GDP growth

Consumer spending, which accounts for more than two-thirds of economic activity, dropped 0.1 per cent last month after an unrevised 0.2 per cent gain in April.

US consumer spending falls unexpectedly in May

Consumer spending, which accounts for more than two-thirds of economic activity, climbed 0.4 per cent after a revised 0.3 per cent decline in January.

US consumer spending rises in February; core inflation firmer

Consumption is being largely underpinned by low layoffs, with additional help from strong household balance sheets thanks to a stock market rally and high home prices.

US retail sales slightly above expectations in October

Britain’s longest-running consumer confidence measure rose to its highest in nearly three years last month as shoppers said their finances had improved and they were more willing to make big purchases.

UK retail sales rise 0.5% in July

The government cut its growth forecast for this fiscal year ending in March 2025 to 0.9 per cent due to weak consumer spending.

BOJ said to see weak consumer spending complicating rate call

Barclays said spending on its credit and debit cards fell by 0.6 per cent in annual terms in June - the first drop since February 2021. It linked the fall to cool weather at the start of month.

Chilly June prompts UK consumers to cut back their spending

Many Japanese retirees are not only saving for the cost of their own care, but also for the cost of their parents’, who are still alive.

Baby boomers are loaded. Why are they so stingy?