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consumer spending News
Indians are finally spending more money on smartphones
Fri, Apr 21, 2017
Affordability of smartphones is now only one of the aspects considered while buying them while people shift focus to better features of the phones.
UK consumer spending grows at slowest rate in three years
Mon, Apr 10, 2017
British consumer spending increased at the slowest annual pace in more than three years in the first three months of 2017, in a further sign that one of the economy`s main engines is losing steam as Brexit preparations begin, a survey showed on Monday.
Post-demonetisation credit profile of large corporates is likely to be neutral: India Ratings
Thu, Feb 09, 2017
India Ratings and Research has projected that post-demonetisation the credit profile of large corporates with revenue of over Rs 250 crore is likely to be neutral with no significant changes in their ratings.
Consumer spending on IoT devices worldwide to grow to $725 billion in 2017
Tue, Feb 07, 2017
Consumer installed IoT has increased significantly to 5.2 billion units in 2017 from 3.9 billion units in 2016.
Note Ban Impact: Corporate earnings to dip to 4% in third quarter
Tue, Jan 10, 2017
After recording an average revenue growth of 6.3% for three consecutive quarters, corporate earnings for key sectors will likely dip to 4% for the October-December period of 2016-17, owing to the Government's demonetisation drive, said a Crisil report.
Japan December manufacturing activity expands at fastest pace in a year
Wed, Jan 04, 2017
The final output component of the PMI index also rose to a one-year high of 53.8 in December.
This is how demonetisation is changing Indian spending habits
Wed, Dec 14, 2016
Increasing push in cashless transactions by the government has forced businesses and traders to operate in different ways. This has also boosted consumer spends through the digital mode.
Australia's economy slows 0.5% in September quarter as government spending falls
Wed, Dec 07, 2016
Australia`s economy contracted for just the fourth quarter in 25 years, official data showed on Wednesday, slowing the annual growth rate to 1.8% amid weaker government and consumer spending on top of softer trade figures.
Consumers, exports give US economy muscle in the third-quarter
Wed, Nov 30, 2016
The US economy grew faster than initially estimated in the third quarter (Q3), notching its best performance in two years, buoyed by strong consumer spending and a surge in soybean exports.
US Black Friday: More shoppers but less spent per head
Mon, Nov 28, 2016
The American shopping orgy known as Black Friday lured more buyers this year but they spent less per person thanks to great bargains, an industry group said on Sunday.
How we Indians spend our monthly budget
Thu, Jun 30, 2016
The National Sample Survey Office (NSSO) has released survey results that show consumer spends behaviour in India. Interestingly, both rural and urban India spend a fourth of their monthly budget on communication services, i.e. voice calls and data, presumably.