In 2024, India saw a significant shift towards credit-based digital payments, with UPI leading the charge. The "How India Pays" report highlights the growing adoption of credit acr...
Eurozone retail trade grew by 0.3% in February, slightly outperforming the EU's 0.2% increase, signaling a gradual recovery in consumer spending across Europe.
Australian retail sales saw a modest 0.2% increase in February, with food-related spending driving the growth. The monthly turnover reached 37.1 billion Australian dollars, up 3.6%...
Germany's retail sector in February witnessed a 4.9% increase in sales in real terms year-on-year, with food and non-food sectors both showing growth. Nominal sales also rose by 5....
Japan's retail sales rose by 0.5% in February, showing signs of economic recovery and increased consumer spending. Analysts are watching closely for future trends.
The UK's retail sales volumes increased by 1% in February year-on-year, but this growth fell short of analysts' expectations, as reported by the Office for National Statistics. The...
The US GDP growth for Q4 2024 was revised up to 2.4%, driven by consumer and government spending despite investment declines. Annual growth held at 2.8%, with sectors showing varie...
The US GDP growth for Q4 2024 was revised upward to 2.4%, driven by consumer and government spending despite a drop in investment. Real GDI and corporate profits saw significant in...
The US GDP for Q4 2024 was revised up to 2.4%, driven by consumer and government spending, despite a drop in investment. Real GDI surged 4.5%, and corporate profits jumped $204.7 b...
The US GDP growth for Q4 2024 was revised upward to 2.4%, driven by consumer and government spending despite a decline in investment. Real GDI surged by 4.5%, and corporate profits...
Spain's retail sales saw a 1.3% increase in February, indicating a resilient sector and potential economic recovery, according to the National Statistics Institute.
China's retail sales grew by 4% in February, exceeding the previous month's growth and matching expectations, signaling a positive trend in consumer spending and economic recovery.
JD.com reports a 13.4% increase in Q4 net revenue for fiscal 2024, reaching 347.0 billion yuan (~$147.5 billion), with significant growth in net income per ADS and operational inco...
Italy's GDP grew by 0.6% in Q4 of fiscal 2024, exceeding preliminary estimates. Consumer spending rose, but investment and exports faced challenges, with a modest GDP growth projec...
Switzerland's retail sales remained unchanged in January, with a nominal turnover showing no annual growth. Adjusted figures revealed a slight 1.3% increase in real retail trade tu...
Germany's retail sales saw a 2.9% increase in January, signaling a strong start to the year and indicating potential economic recovery. The growth, adjusted for calendar and season...
Bank of America's CEO, Brian Moynihan, forecasts stable interest rates as consumer spending rises. With a 6% increase in early 2025 spending, inflation concerns persist, delaying a...
Bank of America CEO Brian Moynihan predicts stable interest rates due to increased consumer spending and ongoing inflation concerns, suggesting no immediate changes to monetary pol...
The Union Budget 2025 introduces tax reliefs for the middle class, aiming to boost demand for small cars, two-wheelers, and electronics. Industry leaders express optimism about the...
Swiss retail sales saw a 1.1% increase in December 2024, with real growth at 2.6% after inflation adjustment. This reflects a resilient consumer market and positive economic indica...
The Bank of Canada has cut interest rates by 25 basis points to 3% to support the economy, with GDP growth projected at 1.8% for 2025 and 2026. Despite a rebound in consumer spendi...
