WASHINGTON (AP) — U.S consumers increased their spending just 0.2 percent in May, a disappointing result after two months of much stronger gains. Meanwhile, inflation — as measured by a gauge monitored by the Federal Reserve — rose 2.3 percent…
Stories Related to Us Consumer Spending Weak In May, While Inflation Speeds Up
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Fri, 06/29/2018 - 6:01am
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BING NEWS:
- Fashion retailing drags down household spending boom
While household spending rose in May, CommBank added that spending has remained soft since January with monthly gains averaging just 0.1 per cent, pointing to a weak consumer environment. This ...
06/13/2024 - 1:58 pm | View Link - Insurance tops spending surge in Australia
Consumer spending in Australia showed a modest increase in May 2024, driven significantly by spending on insurance, according to the latest CommBank Household Spending Insights Index (HSI). The HSI ...
06/13/2024 - 8:02 am | View Link - Dollarama Misses on Sales Growth From Weak Consumer Spending
Canadian discount retailer Dollarama Inc. reported lower-than-expected sales growth as consumer demand begins to level off.The Montreal-based dollar store chain reported revenue of C$1.4 billion ($1 ...
06/12/2024 - 3:21 am | View Link - China’s weaker-than-expected inflation stokes demand concerns
Consumer prices rose less than expected in May, factory prices dropped for the 20th month in a row. Read more at straitstimes.com.
06/12/2024 - 12:23 am | View Link - China’s mild inflation fails to quell fears over weak demand
Beijing | China’s consumer price growth was weaker than expected in May and factory prices dropped for the 20th month in a row, fuelling concerns the world’s second-largest economy is failing to shake ...
06/11/2024 - 7:06 pm | View Link - More
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