Keywords: Consumer spending
Consumer confidence in the United States fell sharply in September, reaching its lowest level in more than 12 years as households became increasingly concerned about prices, the economic outlook and labour-market conditions. The decline adds to signs that persistent inflationary pressures and elevated......
Hiring in the US private sector has shown signs of a modest recovery, with companies adding an average of around 20,000 jobs per week during the four weeks through September 5, according to the latest data from payroll processor ADP. The four-week moving average, designed to smooth out weekly fluctuations......
LVMH has fallen out of Europe’s 10 largest listed companies by market capitalization for the first time since 2017, highlighting the growing pressure on the luxury goods sector as weaker consumer spending weighs on the industry. Shares of the French luxury giant, which owns Louis Vuitton and a......
China’s economic recovery showed signs of losing momentum in July, as industrial production growth weakened and retail sales fell short of expectations. The latest figures point to continued pressure from fragile domestic demand, extreme weather disruptions and diminishing support from government......
Russia’s economy expanded by 1.3% in the second quarter of 2026, supported by government spending, stronger consumer activity and contributions from several key industries, according to Economic Development Minister Maxim Reshetnikov. The latest figure marks a significant improvement from the......
Sales of school supplies in France fell by 5% in July compared with the same month last year, according to NielsenIQ data released Tuesday, pointing to a slower start to the 2026 back-to-school shopping season. The decline came despite a slight decrease in average prices, suggesting that households......
Bata India posted a strong start to its new financial year, with first-quarter profit rising 23% as consumers showed sustained demand for higher-priced footwear and sneakers. The Indian footwear retailer reported a profit of 639.8 million rupees ($6.70 million) for the quarter ended June 30, compared......
Restaurant Brands International delivered stronger-than-expected second-quarter comparable sales, with Burger King emerging as the company's key growth driver in the United States as consumers continued to respond to value-focused menu offerings. The fast-food operator outperformed market expectations......
Indian fashion retailer Trent delivered strong first-quarter earnings, reporting a 22% increase in net profit as the continued expansion of its Westside and Zudio store networks drove sales growth beyond the country's largest metropolitan markets. The Tata Group company said profit for the quarter......
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