South Korea retail sales climb 5.6% in March
South Korea major retailers posted a 5.6% March sales gain, with online channels taking a bigger share of consumer spending in the country....
Tag : Consumer Spending
US inflation persists as Trump’s tariff threats add economic concerns
Core inflation stayed at 2.8% in December, aligning with expectations but above the Fed’s target. Rising energy costs and tariff threats pose risks to price...
Economic downturn hits China’s global standing
China meets its 5.2% 2023 growth target, but sees a first-in-30-years drop in dollar-denominated GDP, signaling economic slowdown....
Treasury yields rise on positive retail data and central bank remarks
Treasury yields spiked to a five-week high, propelled by solid retail sales and key remarks from the Federal Reserve....
Economist forecasts consumer spending dip amid economic shifts
In 2023, consumer spending remained robust despite ongoing inflation and rising interest rates, marking a significant trend in the economy....
Inflation cools rapidly, paving the way for economic confidence in 2024
As the year 2023 drew to a close, many had anticipated it would be marked by economic turmoil and recession fears. However, it defied expectations...