German consumer sentiment unlikely to recover this year -GfK
BERLIN (Reuters) – Sentiment among German consumers is set to fall in October, as persistently high inflation encourages people to save and blots out the …
CONSUMER
Factbox-Amazon.com faces an array of US consumer, state antitrust lawsuits
By Mike Scarcella (Reuters) – A lawsuit by the U.S. Federal Trade Commission against Amazon.com, expected to be filed as soon as this week, adds …
U.S. consumer sentiment slips again but inflation outlook improves
(Reuters) – U.S. consumer sentiment edged lower for a second straight month in September but their economic outlook brightened modestly as household expectations for near-term …
US consumer prices accelerate in August on gasoline
NEW YORK (Reuters) – U.S. consumer prices increased by the most in more than a year in August amid a surge in the cost of …
Australia’s household spending rebounds in Aug in consumer resilience -CBA data
SYDNEY (Reuters) – Australia’s household spending rebounded in August, led by gains in the education, transport and recreation categories, data from the Commonwealth Bank of …
South Africa’s consumer confidence recovers in third quarter- Survey
(Reuters) – South Africa’s consumer confidence regained some composure in the third quarter, according to a survey released on Thursday, as a rebound in the …
UK consumer spending growth slows in August despite ‘Barbenheimer’ boost
By David Milliken LONDON (Reuters) – British consumer spending growth lost pace last month, adding to signs of a weakening economy, despite a doubling in …
US consumer confidence drops in August on inflation worries
WASHINGTON (Reuters) – U.S. consumer confidence fell more than expected in August after two straight monthly increases amid renewed concerns about inflation, a survey showed …
German consumer morale to fall in September -GfK
BERLIN (Reuters) – German consumer sentiment is expected to fall in September, due to declining income expectations and propensity to buy, a GfK institute survey …
Lower inflation boosts UK consumer mood: GfK
LONDON (Reuters) – British consumers’ mood perked up this month as lower inflation made individuals less downbeat about the outlook for their personal finances, although …
Euro zone consumer confidence falls to -16.0 in August
(Reuters) – Euro zone consumer confidence fell by 0.9 points in August from the July number, figures released on Wednesday showed. The European Commission said …
US economy near stalling point as consumer demand weakens, survey says
By Safiyah Riddle (Reuters) – U.S. business activity approached the stagnation point in August, with growth at its weakest since February as demand for new …
South Korea consumer sentiment weakens in August on growth worries
SEOUL (Reuters) – South Korea’s consumer sentiment weakened in August for the first time in six months, a central bank survey showed on Tuesday, amid …
NY Fed finds record wage expectations in July consumer survey
By Michael S. Derby NEW YORK (Reuters) – American workers’ expectations for pay surged in July, even as those same workers foresee a modestly less …
Aussie grocers to reap upbeat profits on sticky inflation; consumer behaviour key
By Himanshi Akhand and John Biju (Reuters) – Australian supermarkets are set to report stronger full-year earnings as decades-high inflation propped shelf prices, but outlook …
SAL NUZZO: Another Dem Bill Picks Corporate Winners And Consumer Losers
SAL NUZZO: Another Dem Bill Picks Corporate Winners And Consumer Losers Sal Nuzzo on August 18, 2023 In all my years working in the policy …
Russian consumer prices rose as rouble tumbled past 100 vs dollar -Rosstat
(Reuters) – Russia’s weekly consumer prices rose as the rouble’s tumble past 100 to the dollar added to already high inflationary pressure, data from the …
US bank Citi completes sale of Taiwan consumer unit to Singapore’s DBS
By Selena Li HONG KONG (Reuters) – U.S. bank Citigroup has completed the sale and migration of its Taiwan consumer businesses to Singapore’s DBS Group, …
US consumer sentiment dips in August; inflation expectations improve
WASHINGTON (Reuters) – U.S. consumer sentiment dipped in August, but Americans expected inflation to edge lower over the next year and beyond, a survey showed …
Brazil consumer prices up by more than expected in July
SAO PAULO (Reuters) – Brazil’s consumer prices as measured by the benchmark IPCA index rose more than expected in July, data from government statistics agency …
US consumer prices rise moderately in July
NEW YORK (Reuters) – U.S. consumer prices increased moderately in July amid lower costs for goods, including used motor vehicles, a trend that could persuade …
Ukraine’s annual consumer inflation slows to 11.3% in July
KYIV (Reuters) – Ukraine’s annual consumer inflation slowed to 11.3% in July compared with the same month a year ago, the statistics service said on …
Brazilian consumer prices seen virtually flat in July vs June: Reuters poll
By Gabriel Burin (Reuters) – Brazil’s consumer prices barely rose on the month in July, a Reuters poll of economists estimated, with an expected drop …
Australian consumer sentiment slips in Aug amid economic angst
SYDNEY (Reuters) – Australian consumer sentiment slipped in August as a decision by the country’s central bank not to hike interest rates for a second …
UK mortgage approvals and consumer credit jump unexpectedly in June: BoE
By Andy Bruce and David Milliken LONDON (Reuters) -British lenders approved more mortgages than expected in June and net unsecured lending to consumers shot up …
Softening inflation props up U.S. consumer sentiment
By Safiyah Riddle (Reuters) – Diminishing inflation pushed consumer sentiment to the highest in nearly two years, a closely watched survey showed on Friday. The …
China to boost credit support to consumer sector – regulator
BEIJING (Reuters) – China will guide banks to boost credit in the consumer service industry, its financial regulator said on Thursday, as authorities seek to …
German consumer morale to stabilize in August -GfK
BERLIN (Reuters) – German consumer sentiment is expected to stabilize in August, after a slight decrease the month before, as households’ hopes for falling inflation …
South Korea consumer sentiment climbs for fifth month
SEOUL (Reuters) – South Korean consumers’ sentiment improved for a fifth consecutive month to a 15-month high in July, with their inflation expectations resuming a …
Apple supplier Corning Q3 revenue forecast hit by consumer electronics slump
(Reuters) – Specialty glass maker Corning forecast third-quarter core sales below Wall Street estimates on Tuesday, as it grapples with the ongoing slump in the …
Unilever sees Chinese consumer confidence at ‘historical low point’
By Richa Naidu LONDON (Reuters) – British consumer goods giant Unilever said on Tuesday that China’s declining property market and exports had sent its consumer …
‘Reality bites’: High inflation and rates hit UK consumer confidence
By Suban Abdulla LONDON (Reuters) – British consumers have turned more pessimistic in the face of rising interest rates and high inflation, according to a …
Australia’s Westpac splits consumer and business banking unit into two
(Reuters) – Westpac Banking Corp on Wednesday said it would split its consumer and business banking business into two, with each having its own CEO, …
UK consumer group calls for government action on grocery prices
By James Davey LONDON (Reuters) – British consumer group Which? has urged the government to take action to support households when the competition watchdog publishes …
US consumer sentiment near two-year high in July
WASHINGTON (Reuters) – U.S. consumer sentiment jumped to the highest level in nearly two years in July as inflation subsided and the labor market remained …
Russian consumer inflation accelerates again in June
(Reuters) – Inflation in Russia accelerated in June, data from the state statistics service Rosstat showed on Wednesday, a little over a week before the …
South Korea consumer inflation hits 21-month low
SEOUL (Reuters) -South Korea’s consumer inflation slowed more than expected and hit a 21-month low, official data showed on Tuesday, weighed by falling oil and …
Instant View: US consumer spending edges up in May; inflation still high
(Reuters) – U.S. consumer spending slowed sharply in May, but persistently strong underlying inflation pressures could compel the Federal Reserve to resume raising interest rates …
Australia’s consumer inflation hits 13-month low, adding to rate pause case
By Stella Qiu SYDNEY (Reuters) – Australia’s consumer inflation slowed to a 13-month low in May, driven by a sharp pullback in fuel, while a …
South Korea consumer sentiment extends gains, inflation expectations flat
SEOUL (Reuters) – Consumer sentiment in South Korea ticked further up in June to the highest in just over a year, while inflation expectations remained …
U.S. consumer confidence approaches 1-1/2-year high in June
WASHINGTON (Reuters) – U.S. consumer confidence increased in June to the highest level in nearly 1-1/2 years, but fears of a recession lingered, according to …
Marketmind: The UK consumer is feeling the heat
A look at the day ahead in European and global markets from Vidya Ranganathan It’s not just the heatwave. UK consumers are paying through their …
China pushes platform firms to protect consumer, vendor rights
BEIJING (Reuters) – China’s market regulator on Thursday announced a five-month campaign that will ensure platform companies optimise their protocols, to protect the rights of …
Apple, Amazon must face consumer lawsuit over iPhone, iPad prices – US judge
By Mike Scarcella (Reuters) – Apple and Amazon.com must face a consumer antitrust lawsuit in U.S. court accusing them of conspiring to artificially inflate the …
U.S. consumer outlook dims as upscale retailers, discounters slash forecasts
By Aishwarya Venugopal (Reuters) – Weak profit forecasts from department store chain Macy’s to discounter Dollar General on Thursday underscored the fragile health of the …
New Zealand consumer confidence flat in May -ANZ-Roy Morgan
SYDNEY (Reuters) – Consumer confidence in New Zealand was flat in May compared with the prior month and remained very subdued as consumers remained under …
South Korea consumer sentiment hits 1-year high, inflation expectations weaken
SEOUL (Reuters) – Consumer sentiment in South Korea improved in May to the highest level in a year, with their inflation expectations weakening, a central …
US consumer sentiment drops to six-month low in May
WASHINGTON (Reuters) – U.S. consumer sentiment slumped to a six-month low in May as a standoff to raise the federal government’s borrowing cap fanned worries …
National Retail Federation lowers US consumer good import forecast for first half of 2023
By Lisa Baertlein LOS ANGELES (Reuters) – Closely watched U.S. retail trade forecasters on Monday lowered their import target for the first half of 2023 …
Wall Street Week Ahead: U.S. consumer price data to test feared stagflation scenario
By David Randall NEW YORK (Reuters) – Fears of stagflation are percolating on Wall Street, as investors await data that could shed light on whether …