Tag : consumer spending

Inflation cools rapidly, paving the way for economic confidence in 2024
Business

Inflation cools rapidly, paving the way for economic confidence in 2024

Admin
As the year 2023 drew to a close, many had anticipated it would be marked by economic turmoil and recession fears. However, it defied expectations and emerged as a year of remarkable resilience for the...
China grapples with deflation as global concerns mount
Business

China grapples with deflation as global concerns mount

Admin
China’s economic landscape is undergoing a seismic shift as it witnesses deflation for the first time since early 2021. Official data reveals a 0.3% decline in the consumer price index for July. This downturn trails...