Tag: consumer spending
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US economy grew at a solid 2.8% pace last quarter on strength of consumer spending
WASHINGTON: The US economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the...
Retail growth stays muted in September: RAI
NEW DELHI: The retail sector posted a 5 per cent muted growth year-on-year in September, with sales expected to pick up momentum...
Chinese food delivery industry faces downturn, workers’ earnings drop by 1,000 yuan
China's food delivery industry is experiencing a downturn after significant growth during the Covid-19 pandemic. Delivery workers' earnings have dropped by nearly...
Fitch raises India’s growth forecast to 7.2%
NEW DELHI: Fitch Ratings on Tuesday raised India's growth forecast for the current fiscal to 7.2%, from 7% projected in March, saying elevated consumer...
