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consumer spending News

December 2024 Sees a 1.1% Surge in Swiss Retail Sales: A Sign of Economic Resilience?

Ryan Peterson 31 Jan, 2025

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...

Economy

Bank of Canada Cuts Interest Rates to 3% Amid Economic Support Efforts

James Carter 30 Jan, 2025

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...