New Jersey Plastic Bag Ban Tripled Plastic Consumption According to Study
A recent report from Freedonia Custom Research (FCR), a division of Marketresearch.com, has shed light on the effects of New Jersey’s single-use bag ban on …
consumption
Ukraine says consumption, defence sector to fuel growth
By Olena Harmash KYIV (Reuters) – Ukraine’s economy grew by 5% in 2023 and will expand by 4.6% this year as a result of higher …
Brazil’s lower house approves landmark consumption tax reform
BRASILIA (Reuters) – Brazil’s lower house approved on Friday a major consumption tax overhaul, seen as capable of boosting the country’s potential growth, although its …
China to step up efforts to attract FDI, boost consumption – state planner
BEIJING (Reuters) – China’s state planner will step up efforts to attract foreign investment and improve consumption among low and mid-level income groups, a National …
ECB sees no consumption boom as rich have most of the savings
FRANKFURT (Reuters) – The euro zone is unlikely to see a new boom in consumption as savings accumulated during the COVID-19 pandemic are largely held …
Taiwan Q3 economic growth seen picking up pace on domestic consumption- Reuters poll
TAIPEI (Reuters) – Taiwan’s trade-dependent economy likely grew faster in the third quarter than the second thanks to resilient domestic consumption and a tentative rebound …
IMF raises Mexico growth forecasts on robust consumption, services, auto output
By David Lawder WASHINGTON (Reuters) – The International Monetary Fund on Tuesday significantly raised its 2023 growth forecast for Mexico to 3.2% from a 2.6% …
Asian companies earnings estimates get boost from consumption hopes
By Gaurav Dogra and Patturaja Murugaboopathy (Reuters) – Analysts are raising earnings estimates for Asian companies for the first time in four months as easing …
China’s State Council issues measures to expand consumption
BEIJING (Reuters) – China’s State Council on Monday issued measures to restore and expand consumption in the automobile, real estate and services sector, aiming to …
Analysis-White-collar wage cuts in China fuel deflation risks, hurt consumption
By Ellen Zhang and Marius Zaharia BEIJING/HONG KONG (Reuters) – Cola Yao earns 40% less than last year promoting credit cards for a Chinese state-owned …
China’s NDRC vows to roll out consumption support policies without delay
BEIJING (Reuters) – China’s top economic planner pledged on Tuesday that it would roll out policies to “restore and expand” consumption without delay as consumers’ …
China should shift stimulus to consumption, ease residency curbs -PBOC adviser
BEIJING (Reuters) – China should shift the focus of its stimulus from investment to consumption and further loosen urban residency curbs to boost migrant workers’ …
China to take measures to promote household consumption- state media
BEIJING (Reuters) – China plans to take measures to promote household consumption, state media reported on Thursday, citing discussions at a cabinet meeting chaired by …
Investment more than consumption leading India’s economic growth – economists
By Ira Dugal MUMBAI (Reuters) – A surge in investments that offset sluggish consumption to boost India’s growth in 2022-23 is expected to power the …
Japan GDP growth likely accelerated in Q1 on robust services consumption- Reuters poll
By Kantaro Komiya TOKYO (Reuters) – Japan’s economy likely grew in January-March at the fastest pace in three quarters, as spending in the services sector …
China says drafting plans to boost recovery, expansion of consumption
BEIJING (Reuters) – China is formulating plans to boost the recovery and expansion of consumption, the state planner’s spokesperson Meng Wei said on Wednesday, signaling …
South Korea vows support for domestic consumption, cautious on inflation
By Choonsik Yoo SEOUL (Reuters) – South Korea unveiled on Wednesday a package of measures aimed at boosting domestic consumption, but stopped short of offering …
Second lab-grown chicken product cleared for human consumption by U.S. regulator
By Leah Douglas WASHINGTON (Reuters) – California-based cultivated meat company GOOD Meat has received clearance from the U.S. Food and Drug Administration to bring its …
Rising bottled water consumption signals safe drinking water goal is under threat, says U.N. think tank
By Gloria Dickie (Reuters) – Surging global bottled water consumption reflects the failure by governments to improve public water supplies which is putting the U.N. …
Slash Your Meat Consumption To Help Gov’t Hit Climate Goals, Advisory Group Suggests
Slash Your Meat Consumption To Help Gov’t Hit Climate Goals, Advisory Group Suggests John Hugh DeMastri on February 28, 2023 Danish citizens should reduce their …
Plastic consumption on course to nearly double by 2050 – research
SINGAPORE (Reuters) – Plastic use in G20 countries is on course to nearly double by the middle of the century unless a comprehensive and legally …
Unilever expects Chinese ‘consumption boom’ in wake of lockdowns
By Richa Naidu LONDON (Reuters) – Unilever said on Thursday it expects a “consumption boom” in China as lockdowns ease, flagging $1.5-$2 trillion in “excess …
Global coal consumption to reach all-time high this year – IEA
By Nina Chestney LONDON (Reuters) – Global coal consumption is set to rise to an all-time high in 2022 and remain at similar levels in …
China will take steps to spur consumption – state media
BEIJING (Reuters) – China will take steps to spur domestic consumption, including auto and home purchases, state media said on Wednesday, citing state plans. China …
Portugal’s Q3 growth accelerates with consumption but future not shining
By Sergio Goncalves LISBON (Reuters) – Portugal’s economy expanded 0.4% in the third quarter from 0.1% in the previous quarter, boosted by higher private consumption …
Lab-grown meat cleared for human consumption by U.S. regulator
By Leah Douglas WASHINGTON (Reuters) – The U.S. Food and Drug Administration (FDA) for the first time cleared a meat product grown from animal cells …
Portugal’s quarterly growth accelerates, consumption defies inflation
LISBON (Reuters) -Portugal’s economic growth accelerated to 0.4% in the third quarter from the previous quarter’s 0.1% thanks to an unexpected rise in private consumption …
China to impose consumption tax on e-cigarettes from November
SHANGHAI (Reuters) – China’s Ministry of Finance will impose a consumption tax on e-cigarettes sold in China from Nov. 1, according to a notice published …
Thai economy to improve further in H2 on consumption, tourism – central bank
BANGKOK – Thailand’s economy improved in June and the momentum should continue into the second half thanks to increased tourism and domestic consumption as pandemic …
China uses digital yuan to stimulate virus-hit consumption
SHANGHAI – China is using the digital yuan to stimulate consumption in its pandemic-hit economy, with more e-CNY applications expected in future to boost transparency …
L’Oreal CEO says no inflation impact so far on beauty product consumption
DAVOS, Switzerland – French cosmetics group L’Oreal is not so far seeing any impact from inflation on purchases of beauty products, its chief executive told …
China’s commodities consumption to slow, no longer ‘big bulls’, says analyst Mistry
By Mei Mei Chu KUALA LUMPUR – Buyers in China, the world’s second-largest palm oil importer, are “no longer big bulls” in the commodities markets …
Japan’s economy to suffer Q1 slump on lower consumption
TOKYO – Japan’s economy likely contracted in the first three months of this year as the lingering fallout from the COVID-19 pandemic took a toll …
China Q1 consumption lags in key coastal provinces; Q2 off to weak start
BEIJING – China’s first-quarter retail sales lagged in key coastal economic regions with areas hit by COVID-19 outbreaks showing particular weakness, according to regional data, …
Japan April report raises view on consumption, economy, despite inflationary pressures
TOKYO – Japan’s government upgraded its view of the economy for the first time in four months in April as authorities turned more optimistic about …
IMF’s Georgieva says China should stimulate consumption as lockdowns mount
WASHINGTON – International Monetary Fund Managing Director Kristalina Georgieva said on Wednesday that China should use fiscal space to stimulate consumption as it faces an …
Chinese capital sees energy consumption peak, weaned off coal by 2035
SINGAPORE – The Chinese capital Beijing will largely wean itself off coal by 2035, when its total energy use is expected to peak at the …
Japan’s Q1 growth forecast slashed on Omicron hit to consumption: Reuters poll
By Daniel Leussink TOKYO – Japan’s economic growth will likely grind to a near halt this quarter as coronavirus curbs and supply disruptions threaten to …
Fed’s Barkin says sustained high oil prices could ‘dampen’ consumption, growth
COLONIAL HEIGHTS, Va. – If the conflict in Ukraine leads to sustained high oil prices it could hit U.S. consumer spending and pose a possible …
EU’s oil and petroleum consumption hit record low in 2020
– Pandemic restrictions in 2020 reduced the European Union’s oil and petroleum consumption in energy use to its lowest in 30 years, the bloc’s statistics …