Spanish household and business debt plummets to historic lows
Households and businesses in Spain have reduced their debt to levels not seen since the beginning of the…
Italian industrial production posts a small contraction in May | snaps
Both hard data and business surveys have so far pointed to industry as the most resilient part of…
Canadian Dollar gains after June jobs report tops forecasts
The Canadian Dollar (CAD) strengthens against the US Dollar (USD) on Friday after stronger-than-expected Canadian employment data. At…
India: Inflation risks stay skewed higher – ING
ING economists Deepali Bhargava and Lynn Song project India’s consumer inflation to edge up to 4.2% year-on-year in…
Consumer Checkpoint: Consumers hit the back of the net
Consumer Checkpoint is a regular publication from Bank of America Institute. It aims to provide a holistic and…
Canada: Stable card trends support cautious optimism – RBC
Royal Bank of Canada (RBC) analysts Abbey Xu and Rachel Battaglia report that June spending by RBC Canadian…
United States: New methodology trims Core PCE inflation – Wells Fargo
Wells Fargo economists Tom Porcelli and Sarah House discuss upcoming BEA changes to the Personal Consumption Expenditures (PCE)…
AI’s opportunities and risks front and centre on Albanese government’s agenda
If you are feeling financially depleted personally, and pessimistic about the economic outlook generally, figures released this week…
China’s producer inflation jumps to 4-year high, squeezing manufacturers
BEIJING, July 9 (Reuters) – China’s producer price inflation surged to its highest level in four years in…
Over 70% of accommodation hit by labor shortages amid tourism boom in Japan
TOKYO – More than 70 percent of accommodation facilities in Japan are facing labor shortages amid a boom…
European consumers still aren’t consuming, but the way they save is changing | articles
In the second quarter, the savings ratio likely slipped further as households tapped their financial buffers to offset…
Indian Rupee: Inflation uptick with monsoon support – DBS
DBS economist Radhika Rao expects India’s June CPI inflation to edge up to 4.1% YoY from 3.9%, driven…