Hints and tips:
Related Special Reports
...The most recent FT-Michigan Ross poll showed 60 per cent of voters disapprove of how Biden is handling the economy, despite historically low unemployment, strong gross domestic product and wage growth, and...
...Experts caution that listing large social media companies such as ByteDance and Xiaohongshu is more complicated given the wealth of consumer data they hold....
...to consumers....
...High-skilled jobs paying above average had accounted for most of the growth in Georgia since the pandemic, pointed out Jon Willis, another Atlanta Fed official — a fact that had helped keep consumer spending...
...The shift has resulted in consumers drinking less but higher-quality alcohol, or choosing low-alcohol or alcohol-free versions....
...Such products, which in Shanghai typically cost Rmb15 to Rmb20, are also seen as resilient to a wider loss of consumer confidence in mainland China....
...Yellen said in her speech that Biden’s policies were already producing results, including in Georgia — a crucial swing state in the election....
...China’s producer price index has fallen for 18 straight months, while consumer prices have flirted with deflation in a sign of weak demand....
...That means resale values are becoming increasingly important to shoppers, with consumers showing a preference for brands whose products retain their value....
...Goldman Sachs said this week it was revising up its first-quarter gross domestic product forecast for China to 5 per cent year on year from 4.5 per cent because of the stronger manufacturing sector....
...The review followed a state visit by Australia’s Prime Minister Anthony Albanese to China in November and a resumption of trading for other products that had been halted after the then-Australian leader...
With Chinese tariffs expected to end in 2024, wine oversupply should diminish
...The Korean Fair Trade Commission is looking into the alleged lack of consumer protection from AliExpress....
...But another local consumer trend — the growing demand for premium products — is encouraging for luxury goods and service providers....
...It had proven “remarkably resilient, with a red-hot labour market and rising equity prices feeding into strong business and consumer confidence, in turn boosting domestic demand.”...
...Global demand for products from these platforms is causing capacity shortages at airlines and freight forwarders, and raising airfreight costs....
...Most of the sub-components of the PMI improved except factory gate prices, “which suggest consumer demand may still be relatively weak”, she said....
...China’s first-quarter gross domestic product data has thrown into stark relief the effects of President Xi Jinping’s bet that a manufacturing boom can help the world’s second-largest economy overcome a prolonged...
...product down-trading”....
...Demand for high-margin products such as cosmetics, skincare and personal care segments may be peaking in Japan, but those are growing rapidly in south-east Asia....
...Consumer spending on VR is expected to triple by 2027, reaching $5.7bn globally, according to tech consultancy Omdia....
...These companies have little choice but to pass costs on to consumers. june.yoon@ft.com...
...“We saw growing demand driven by encouraging consumer sentiment.”...
...But many of the businesses in the FT’s latest ranking of the Asia-Pacific region’s fastest growing companies are those that continue to reap the benefits of consumer shifts since the start of the pandemic...
...The RBA cut its projection for gross domestic product growth to 1.3 per cent by June 2024, from 1.8 per cent forecast in November, and lowered its estimates out to 2025....
International Edition