consumer spending
‘McNuggetisation’ is coming for the Chinese diet
The story of the modern Chinese diet is one of scarcity, boom and bust
US consumer spending beats estimates with core inflation steady
Inflation-adjusted consumer spending increased 0.4% for a second month
US retail sales increase solidly in July
Retail sales rose 0.5% last month after an upwardly revised 0.9% gain in June
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
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.
US retail sales fall sharply in May
Retail sales fell 0.9% last month after a downwardly revised 0.1% dip in April
US consumer spending surges in March, inflation cools
Consumer spending surged 0.7% last month after an upwardly revised 0.5% gain in February
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...
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...
Anime and mascots: Japan hopes ‘oshikatsu’ rage will open consumer wallets
[TOKYO] In Japan, policymakers and economists are paying close attention to the “oshikatsu” phenomenon as a growing driver of consumer spending - and 24-year-old Momoka Matsui is one of many doing her...
