Browsing: consumer spending

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 spiked to a five-week high, propelled by solid retail sales and key remarks from the Federal Reserve.

In 2023, consumer spending remained robust despite ongoing inflation and rising interest rates, marking a significant trend in the economy.

As the year 2023 drew to a close, many had anticipated it would be marked by economic turmoil and recession…

China’s economic landscape is undergoing a seismic shift as it witnesses deflation for the first time since early 2021. Official…