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
Trump administration tariffs have slammed Japan’s export-driven economy, sparking a sharp and troubling downturn. The New York Times reports that rising trade tensions are wreaking havoc on supply chains and driving a dramatic drop in industrial production
China’s deflationary spiral is inflicting far deeper economic damage than official numbers suggest. As prices continue to plunge, consumer spending and investment are taking a major hit, sparking growing worries about the stability of the nation’s delicate recovery
Germany’s economy came to a halt in Q3, igniting fresh fears of an impending recession. The flat GDP highlights growing challenges from global uncertainties and domestic hurdles, ramping up urgent demands for bold policy measures to avoid a prolonged downturn
China’s economic growth has stumbled dramatically, weighed down by soaring tariffs and a deepening slump in the property market. This slowdown highlights growing challenges for the world’s second-largest economy, the Los Angeles Times reports
Indian clothing retailer Trent has just announced its slowest revenue growth in over four years, underscoring the growing challenges facing the retail sector as evolving consumer preferences and intense competition continue to transform the market, Reuters reveals
Russia’s private sector activity has plunged to its lowest point in three years, highlighting growing economic struggles amid persistent sanctions and escalating geopolitical tensions, reports The Moscow Times
China’s BYD is reportedly scaling back its full-year sales target as the electric vehicle market’s rapid surge begins to cool. Sources speaking to Reuters suggest this adjustment signals a potential slowdown after a period of remarkable growth
Argentina’s inflation is poised to spike once more in June after a short-lived dip in May, Reuters reports. Skyrocketing prices continue to squeeze the economy, fueled by currency instability and unyielding consumer demand
War-weary Russian banks are now urgently seeking state bailouts as a growing mountain of bad loans accumulates under relentless economic pressure. This troubling development shines a spotlight on the deepening financial crisis within Russia’s banking sector, raising serious alarms about its overall stability
China’s economy is slowing down as cautious consumers tighten their wallets. Meanwhile, mounting US tariff threats are stoking tensions, deepening trade uncertainties and rattling market confidence, Reuters reports
China’s deflationary pressures are intensifying as companies plunge into fierce price wars, spotlighting mounting economic challenges. This cutthroat competition is squeezing profit margins and clouding growth prospects, CNBC reports
Japan’s wholesale inflation took a breather in April, easing concerns over skyrocketing prices and reducing the urgency for the Bank of Japan to hike interest rates, Reuters reports. This cooling trend could signal a shift in the future path of monetary policy
China’s consumer spending remains sluggish despite reopening efforts, as concerns over economic uncertainty, rising debt, and a cautious outlook weigh heavily on demand-posing a major hurdle to the nation’s post-pandemic recovery
Australia’s modest Q1 economic growth has sparked rising concerns about a sluggish recovery, signaling a potential need for bolder fiscal stimulus to boost spending and protect jobs, Reuters reports
China’s factory activity stumbled in May, weighed down by rising US tariffs. This downturn underscores growing hurdles for the manufacturing sector amid ongoing trade tensions, Reuters reports
China’s bold move to redirect exports originally destined for the U.S. aims to strengthen its domestic market, but analysts caution that this strategy could lead to deeper deflation. With demand dwindling, the risk of a prolonged economic slowdown looms larger, sparking worries about both internal stability and the ripple effects on global trade
In a bold recent statement, former President Donald Trump pointed the finger at his successor, President Joe Biden, for the current economic slowdown. He passionately defended the tariffs he put in place during his administration, arguing that these measures were crafted to empower American workers in the face of persistent economic hurdles.
India’s industrial output fell to a six-month low in February, raising concerns over economic momentum. Contraction in manufacturing and electricity sectors has contributed to the decline, signaling potential challenges ahead for growth prospects.
As China’s annual Congress concludes, leaders face lingering uncertainties about revitalizing the economy amid slowing growth. Analysts urge a focus on innovation and structural reforms to address pressing challenges and stimulate sustainable development.
