consumer spending

Singapore is the ‘litmus test’ for how much consumers will spend on their pets: Vetreska CEO Donald Kng

‘If this concept fails here then we don’t really need to try any other place,’ says company’s chief

"McNuggetisation" – the moment America hit in the 1980s, when meat ceased to be aspirational, and became sort of cheap and trashy instead – is on its way to China.
THE BOTTOM LINE

‘McNuggetisation’ is coming for the Chinese diet

The story of the modern Chinese diet is one of scarcity, boom and bust

Americans are also still dealing with sticky inflation, which risks staying elevated as President Donald Trump’s tariffs trickle through the economy.

US consumer spending beats estimates with core inflation steady

Inflation-adjusted consumer spending increased 0.4% for a second month

Amazon and Walmart held sales promotions last month to lure inflation-weary consumers with deep discounts, including on back-to-school essentials.

US retail sales increase solidly in July

Retail sales rose 0.5% last month after an upwardly revised 0.9% gain in June

Consumer spending, which accounts for more than two-thirds of economic activity, rose 0.3 per cent in June after being unchanged in May.

US inflation picks up in June; consumer spending rises moderately

Goods prices expected to rise in the second half, with businesses passing on the higher costs from import duties to consumers

Consumption makes up more than half of Japan’s economic output and could determine whether the economy will enter or avoid a technical recession.

Japan’s households boost spending by most since summer 2022

JAPAN’S household spending rose the most since the summer of 2022 amid persistent inflation, providing support for an economy that’s taking a hit from US tariffs. 

Consumer spending, which accounts for more than two-thirds of the economy, slowed sharply in the first quarter, and could remain moderate in the April-June quarter.

US retail sales fall sharply in May

Retail sales fell 0.9% last month after a downwardly revised 0.1% dip in April

President Donald Trump’s sweeping tariffs have fanned fears the economy is facing a period of tepid growth and high inflation.

US consumer spending surges in March, inflation cools

Consumer spending surged 0.7% last month after an upwardly revised 0.5% gain in February

European Central Bank board member Isabel Schnabel said that real income grew in over half of all households in the euro area last year but that an ECB survey of consumers showed that only 11 per cent perceived that increase.

Euro zone consumers may be put off by inflation ‘misperception’: ECB’s Schnabel

[LONDON] The euro zone’s economic recovery may have been held back by households’ “misperception” of inflation and income, which has made them reluctant to spend, European Central Bank board member Is...

According to a weekly sales survey by industry association Footwear Distributors and Retailers of America, in the eleven weeks since Donald Trump’s inauguration, shoe sales in stores are down 9.5 per cent from the same period last year.

Trump’s tariff pause leaves CEOs puzzled about what happens in 90 days

[BELGRADE] US President Donald Trump’s sudden about-face on sweeping import tariffs did little to soothe companies’ worries about the fallout from his trade war and its chaotic implementation: soaring...