Consumer Spending

The companies are planning to ramp up their fast delivery services and have already begun stocking up for the festive season

Indians spending on eating out, transport at a decade high amid consumption slump

The share of restaurants and hotels in total consumption spending rose to its highest level in over a decade at 2.3 percent in FY24 compared with 2.1 percent in the previous fiscal

Consumer spending on ITC's goods rises 12% to Rs 32,500 crore in FY24

This is 12 per cent higher than the numbers achieved in financial year 2022-23, when it had reported an annual consumer spend of nearly Rs 29,000 crore.

US inflation rises in line with expectations in April

The personal consumption expenditures (PCE) price index increased 0.3% last month, the Commerce Department's Bureau of Economic Analysis said on Friday, matching the unrevised gain in March.

US retail sales up more than expected in March

US retail sales picked up by 0.7 percent in March to $709.6 billion, after February's increase was revised to 0.9 percent, said the Commerce Department.

Spending boosted by Barbenheimer and Taylor Swift tours in Q3 may not last, warns Morgan Stanley

Sarah Wolfe, Morgan Stanley economist, said the revenues tied to these events should add a seventh of one percentage point to consumption growth in the quarter.

UK retailers should make hay while the sun shines on shoppers

Brits are spending more thanks to the good weather in May and June and the recent pay increases. But don't expect the positive effects to continue, as ongoing inflation will slowly erode the effect of annual pay increases

Chart of the Day: Discretionary spending not back to pre-pandemic levels yet

Note that while sentiment towards spending has vastly improved from the pandemic level, it is nowhere close to the strength it had before the pandemic

Apparel retailers feel the heat of discretionary spending cuts

Aditya Birla Fashion, Page Industries, TCNS Clothing reported weak results as demand worsened. Recovery hopes pushed to festival season

Fed set to slow down on rate hikes again and debate how much further to go

Investors and economists continue to doubt Fed forecasts that rates will rise to above 5 percent from their current level just below 4.5 percent

Online shopping sites and physical store line up Festive Sale offers: Four smart shopping tips to make the most of it

This festive season, before you shop, understand whether it's a need or a desire to purchase, take a step to save now and buy later, do the math behind deep-discount schemes offered, and more suggestions.

How Indian consumers are coping with inflation

A significant price rise across commodities has been affecting the consumer’s purchase across segments for more than a year now. A recent report released by insights and consulting company Kantar Worldpanel highlights how consumers are coping with the high inflation.

IMF again cuts US 2022 growth forecast to 2.3% as consumer spending cools

The Fund also cut its 2023 real GDP growth forecast to 1.0% from 1.7% on June 24, when it met with U.S. officials for an annual assessment of U.S. economic policies.

Consumers cut spending on clothing, fuel, gadgets as inflation eats into budget: Survey

The survey covering 1,013 urban respondents reveals that the multi-year high inflation is pinching a majority of urban Indians with their cost of living going up.

India’s inflation heat : As prices skyrocket, poor households face a double whammy, cut spending

Expensive food and fuel have burnt a deep hole in the pockets of consumers; the poor have been particularly badly hit 

US consumers shrug off high inflation, lean on savings to boost spending

Consumer spending, which accounts for more than two-thirds of US economic activity, surged 1.1 percent last month. Data for February was revised higher to show outlays advancing 0.6 percent instead of 0.2 percent as previously reported

US Consumer spending rebounds in October, inflation elevated

At the same time, consumer prices rose five percent compared with the same period last year, the fastest 12-month gain since the same stretch ending in November 1990.

United States consumer spending up a modest 0.6% with inflation high

At the same time, a key inflation barometer that's closely followed by the Federal Reserve surged 4.4 percent last month from a year earlier — the fastest such increase in three decades

Poor consumer confidence may upset economic recovery calculations

A recent BCG Consumer Sentiment Survey gives insights on how consumer spending patterns are changing

Why a US-like consumer-led recovery looks unlikely

Indian households may not join global peers in a spending frenzy

India's consumer spending to return to growth in 2021: Fitch Solutions

Consumer spending is forecast to have contracted by 12.6 percent in 2020.

Consumer spending up a slight 0.5% as virus maintains grip

The government's report also showed that income, which provides fuel for spending, fell 0.7 percent in October.

A full economic recovery will have to wait for a vaccine

A recent research paper finds ‘the primary barrier to economic activity is depressed consumer spending due to the threat of COVID-19 itself as opposed to government restrictions on economic activity, inadequate income among consumers, or a lack of liquidity for firms’.

RBI survey shows collapse in consumer confidence

Almost half of those surveyed said they expect job prospects to worsen in the year ahead

Macro Matters | Was consumer spending in 2017-18 really lower than in 2011-12?

The government should make the NSO report public, so that it can be debated