Japan’s FY2025 growth forecast has been upgraded to an impressive 1.1%, driven by a vibrant surge in consumer spending and a strong boost in investment, according to a report by Japan Wire via KYODO NEWS
Browsing: consumption
China’s retail sales growth for November took an unexpected plunge, falling far short of expectations and casting new doubts on the strength of the country’s consumption recovery. This disappointing data underscores ongoing challenges in reigniting domestic demand, CNBC reports
Japan has revised its economic growth forecast downward, citing the ripple effects of US tariffs and a slowdown in domestic spending, Reuters reports. This update underscores the ongoing trade tensions and fading consumer confidence that continue to challenge the economy
China has unveiled bold new guidelines aimed at boosting financial support and sparking a surge in domestic consumption, Reuters reports. These dynamic initiatives are set to enhance credit access and ignite spending, driving steady economic growth