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A service for finance industry professionals · Wednesday, March 5, 2025 · 791,319,389 Articles · 3+ Million Readers
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Household Spending News Monitoring

  • Published on Mar 4, 2025

    UK Finance Shares Update on Household Spending, Savings, Borrowing

    UK Finance has released its latest Household Finance Review for Q4 2024, which explores trends in household spending, saving, and borrowing. UK Finance noted in the update that the mortgage market strengthened in Q4 2024, with both first-time buyers and …

    Source: Crowdfund Insider - Neutral
  • Published on Mar 4, 2025

    Japan household spending on food in ’24 hit highest level in 43 years

    As Japan grappled with skyrocketing prices, spending on food by households in 2024 hit the highest level in 43 years, government data shows. The average monthly expenditure of households with two or more people came to 300,243 yen ($1,965), down 1.1 …

    Source: The Asahi Shimbun - Label Pending
  • Published on 15:03 GMT

    Nigeria reduces inflation rate, but the cost of living remains high – here’s why

    Nigeria recently rebased its consumer price index (CPI) from 2009 to 2024, leading to a significant drop in the reported inflation rate from 34.80% to 24.48%. This change has sparked discussions on the likely impact on economic planning, policy decisions, …

    Source: The Conversation - Neutral
  • Published on 12:07 GMT

    BOJ vows to keep raising rates despite Trump tariff risks

    SHIZUOKA : The Bank of Japan can raise interest rates at a pace in line with dominant views among financial markets and economists, its Deputy Governor Shinichi Uchida said, keeping alive expectations that there is a chance of a near-term increase in …

    Source: Channel News Asia - Pro-Government
  • Published on 04:36 GMT

    Australia’s economy has turned the corner, and consumer spending was a big help

    Australia’s economy expanded at the fastest pace in two years in the December quarter, boosted by an improvement in household spending and stronger exports. The Australian Bureau of Statistics’ national accounts report today said the economy grew by 0.6% …

    Source: The Conversation - Neutral
  • Published on 04:03 GMT

    China Sets 2025 GDP Growth Target At ‘Around 5%’ Amid Major Challenges

    Chinese Premier Li Qiang, on screen, speaks at the opening session of the National People's Congress at the Great Hall of the People in Beijing Wednesday. AP Photo/Andy Wong China set its economic growth target at “around 5%” for 2025, the same as …

    Source: Forbes - Neutral
  • Published on 03:49 GMT

    BOJ Deputy Governor Uchida vows to keep raising interest rates

    SHIZUOKA :Bank of Japan Deputy Governor Shinichi Uchida said the central bank can proceed with interest rate hikes at a pace in line with market expectations, keeping alive views that there is a chance of a near-term increase in borrowing costs. But he …

    Source: Channel News Asia - Pro-Government
  • Published on 06:00 GMT

    Australia spends up to farewell per capita recession

    Australia’s economic growth accelerated in the last three months of 2024 as shopping and hospitality spending helped pull the country out of a per-capita recession, according to data from the Australian Bureau of Statistics (ABS).   Gross domestic product …

    Source: Azzet - Label Pending
  • Published on 13:14 GMT

    Australia’s GDP grows 0.6% in Q4 2024

    Australia’s gross domestic product (GDP) rose by 0.6 per cent in the fourth quarter (Q4) last year and by 1.3 per cent through the year (seasonally adjusted, chain volume measure), according to figures released recently by the Australian Bureau of …

    Source: Fibre 2 Fashion - Neutral
  • Published on 08:38 GMT

    Australia economy grows at fastest pace in two years

    Australia's economy expanded at the fastest pace in two years in the December quarter as lavish tax cuts helped spur consumer spending after a long fallow period, though annual growth was still pedestrian compared with the historic trend. Any progress …

    Source: RTE Ireland - Public Broadcaster
  • Published on 14:07 GMT

    China Lifts Deficit to Avoid Trade War Blows, Boost Consumption

      China’s leadership unveiled an ambitious plan for economic growth of about 5% in 2025 on Wednesday, backed by its biggest fiscal deficit in over three decades. Beijing has vowed to make greater effort to boost domestic consumption in a bid to avoid …

    Source: Asia Financial - Neutral
  • Published on 06:40 GMT

    Australia’s economy: GDP per capita grows 0.1 per cent in December following 21 months of falls

    The best economic growth figures in two years have given Treasurer Jim Chalmers and the Prime Minister a major pre-election boost and a positive narrative to tell voters. Labor is not getting ahead of itself, highly aware that incumbent governments around …

    Source: Seven News - Uncategorized
  • Published on 13:16 GMT

    Sipping success | In focus: Hot beverages

    And while most of the attention these days has shifted to coffee on-the-go, packaged products continue to play an important role, with the category as a whole worth about £120m a year to the convenience sector, according to data experts NIQ. Figures …

    Source: Talking Retail - Label Pending
  • Published on 07:24 GMT

    Australia GDP Growth Tops Expectations

    Australia's economy logged a faster-than-expected growth in the fourth quarter underpinned by exports and government spending, data from the Australian Bureau of Statistics revealed on Wednesday. Gross domestic product climbed 0.6 percent sequentially …

    Source: RTTNews - Neutral
  • Published on 05:49 GMT

    China prioritises consumer spending ahead of technology as economic worries weigh

    SHANGHAI/BEIJING - Spurring reluctant Chinese consumers to spend has been elevated to the top of Beijing's to-do list for 2025, leap-frogging technology and industrial production, as lawmakers look to rectify imbalances in the world's second- …

    Source: Zawya - Uncategorized
  • Published on 14:47 GMT

    China Boosts Fiscal Stimulus as U.S. Tariffs Escalate Trade War

    The Chinese government announced a significant increase in fiscal stimulus on Tuesday as it seeks to counter the economic strain of new U.S. tariffs. Premier Li Qiang, speaking at the opening of China’s annual parliamentary session, outlined greater …

    Source: To Vima - Uncategorized
  • Published on 08:01 GMT

    AUD/USD Stuck in the Headlines as China Trade War Escalates

    AUD/USD lags G10 peers, tracking USD/CNH and Hang Seng Tech futures China pledges more fiscal support, but stimulus details remain vague U.S. tariffs doubled to 20% on top of existing levies, raising concerns over China’s export model Buyers …

    Source: Investing - Neutral
  • Published on 10:57 GMT

    Australian GDP beats forecast, Aussie edges higher

    The Australian dollar has extended its gains on Wednesday.  AUD/USD is trading at 0.6271 in the European session, up 0.20% on the day.  The Australian dollar jumped 0.75% on Tuesday, driven by the hawkish Reserve Bank of Australia minutes and a solid …

    Source: OANDA Market Pulse - Neutral
  • Published on 13:31 GMT

    NWU Business School economist comments on 4Q 2024 GDP growth figures

    Prof Raymond Parsons. Commenting on 4Q 2024 GDP growth figures released today, North-West University Business School economist Prof Raymond Parsons says: “Although positive, the mild recovery in 4Q 2024 GDP again confirms that the GNU is right to have put …

    Source: Mail & Guardian - Left-wing

05 days 12:34:39

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