China Slashes Rates, Suspends Youth Jobless Data as Economy Signals Sharper Downturn
Updated Aug. 15, 2023 3:35 am ETListen to article(2 minutes)SINGAPORE—Chinese officials said they would stop reporting the country’s youth unemployment...
Updated Aug. 15, 2023 3:35 am ETListen to article(2 minutes)SINGAPORE—Chinese officials said they would stop reporting the country’s youth unemployment...
China’s youth unemployment rate rose above 20% for the first time since Beijing began tracking the data five years ago....
Credit- and debit-card data showed spending lost momentum. Source link
EconomyU.S. EconomySales see biggest monthly decline of 2022 as consumers cut back at height of holiday season Source link
SINGAPORE—China’s economy stumbled in July as a two-month boost from easing lockdowns faded, prompting the country’s central bank to unexpectedly...
Shoppers are trading down to cheap beer brands and discount cigarettes as they feel more pressure on their pocketbooks.Consumer prices...
June’s increase came after sales declined slightly in May, the Commerce Department said Friday.Consumers spent more last month across a...
Americans’ retail spending declined in May, as consumers felt the pinch from inflation, higher gasoline prices and rising interest rates.Retail...
U.S. retail sales grew modestly by 0.5% in March as consumers kept spending amid rising gasoline and food prices. Source...
Economists expect the consumer-price index for March accelerated further. Source link
Americans kept up retail spending in February but at a slower pace than the prior month, as they faced high...
U.S. retail sales dropped by 1.9% in December as the Covid-19 Omicron variant and inflation surged, damping the end of...
U.S. retail sales rose by 1.7% in October, a sign that consumers are willing to spend more headed into the...
Shipping containers at Tianjin Port in China last month. Photo: Gilles Sabrie/Bloomberg News By WSJ staff Oct. 10, 2021 3:00...
U.S. shoppers boosted retail spending in June as the economy more broadly reopened and auto dealers navigated supply disruptions. Retail...
Inflation is the focus this week with a U.S. report on consumer prices and Federal Reserve Chairman Jerome Powell’s testimony...