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household spending
Articles related to household spending
Retail sales clearly above expectations. Consumption accelerates
Czech Manufacturing Weakens as Orders and Confidence Slide; Risks Mount for 2026
Conditions in manufacturing have deteriorated for the fourth consecutive month, which can undoubtedly be viewed as a negative signal for the economy when looking ahead. Although below the expansionary threshold, the PMI is nowhere near the depressed 2023 levels. Should the hard times continue, an adverse effect on growth in 2026 is a possibility
Asia Outlook: RBA to Hold Steady as Regional Inflation and Trade Trends Diverge
The Reserve Bank of Australia is expected to hold rates steady. Other highlights of the week include key data on China, Japan, South Korea, Taiwan and the Philippines
Eurozone: Consumer Confidence Rebounds, but Retail Spending Remains Muted
Eurozone retail sales declined by 0.1% in August compared to July. This sales trend has been roughly flat since April. The worried eurozone consumer is seemingly shying away from the shopping street despite improvements in purchasing power across the bloc
Italian Confidence Indicators Signal Stabilisation but Recovery Remains Fragile
Following a second quarter still heavily impacted by the introduction of new US tariffs, early data for the third quarter points to a very mild improvement, though sectoral contributions remain uneven. Today’s confidence indicators for September appear to support this view
South Korea’s Consumer Sentiment Strengthens for Fifth Consecutive Month
South Korea’s latest fiscal stimulus contributed to improved consumer sentiment and greater growth momentum. But these effects may prove temporary. Even so, the Bank of Korea will stand pat later this week, as it focuses more on housing prices.
Polish Retail Sales Rebound in July, Supporting Stronger Consumption Outlook
Retail sales in July rose by 4.8%YoY in Poland, rebounding from June’s weaker 2.2% figure. The June dip was a one-off weakness and most likely reflected a temporary shift in consumer spending from goods to services, driven by increased travel and hospitality outlays during the Corpus Christi long weekend
UK Q2 GDP Beats Expectations but Underlying Weakness Limits BoE Policy Impact
At face value, the UK's 0.3% second-quarter growth performance looks reasonable amid a flurry of global and domestic headwinds. But this is largely concentrated in components not intrinsically linked to underlying economic performance, and the Bank of England will take these figures with a pinch of salt. We expect growth to slow in the second half
AUD Steady as RBA Signals Caution on Further Rate Cuts Amid Global Uncertainty
The other main event overnight has been the RBA’s latest policy meeting. The RBA decided to leave their policy rate unchanged at 4.10% as expected after delivering the first rate cut in the easing cycle at the previous meeting in February.
Japanese Economic Signals: Insights into BoJ Policy, GDP Contraction, and Future Rate Hike Expectations
Poland's Solid Labour Market Spurs Spending Bounce Back: 2024 Economic Growth Prospects
Fed Expectations Amid Mixed Data: Wishful Thinking or Practical Pause?
Dollar Weakens on Softening Fed Rate Hike Odds, US CPI Data, and Economic Outlook
Asia Morning Bites: Chinese Stocks Navigate US Investment Ban, Philippines GDP Data Ahead
Asia Morning Bites: Trade Data Updates for Mainland China, Taiwan, and More
Global Economic Data and Market Watch: US Inflation, Earnings Reports, and Energy Trends
RBA Takes Another Breather, Leaves Room for Future Tightening
ECB's Knot: July Rate Hike Necessary, Beyond July Uncertain; Canadian CPI Supports Rates on Hold; Global Crypto Market at $1.2 Trillion; Oil Market Tightens with Russian Shipments Drop and China's Support Measures
Stalling Imports Widen Indonesia's Trade Surplus, Raising Concerns for Growth Momentum
FOMC Minutes Reveal Policy Divisions as USD/JPY Falls Sharply
Market Watch: Sentiment Data and Economic Indicators from Japan and Singapore
Economic Slowdown in France: Falling Consumption and Easing Inflationary Pressures
