Private Consumption News Today

Spokesman says service exports will be supported by further revival of inbound tourism and government efforts to promote mega-event economy.

Finance chief Paul Chan vows to pursue new opportunities for economic growth, with local spending set for boost through mega events in coming months.

Lofty statements and mantras about reforms and attracting foreign investment mean little. What matters are the actual policies that China pursues. Whether it can regain its past growth trajectory is unclear.

Massive capex spending, experts say, has caused GDP growth to accelerate. Private investment, they say, is also showing signs of revival.

- UK Q4 GDP data confirmed the country’s 1st recession in almost four years.

PM Modi recently met with ministers to discuss the agenda for the first 100 days of his government, if it wins a third term, to keep the economy purring - Issue Date: Mar 31, 2024

Asia market update: JGB yields rise amid ongoing BOJ speculation; Japan avoids technical recession, but growth below ests; Nikkei drops over 2.8%.

The Indian economy experienced a faster-than-anticipated expansion of 8.4% in Q3FY24, pushing FY24 growth to 7.6%, up from 7.3% in January. The growth was primarily driven by investment and manufacturing, but also by a downward revision to the previous years numbers and a boost in net taxes. The growth reached its highest level in one and a half years, with the FY23 number revised downwards to 7% from 7.2% projected earlier.

(Bloomberg) -- Japan’s government downgraded its assessment of the economy for the first time in three months in its monthly report for February, citing signs of weakness in private consumption and production.Most Read from BloombergYour 401(k) Will Be Gone Within a DecadeLargest Covid Vaccine Study Yet Finds Links to Health ConditionsPlay VideoUS Tells Allies Russia May Launch Anti-Satellite Nuclear Weapon Into Space This YearUS Stock Futures Slip Ahead of Nvidia Earnings: Markets WrapTh...

BANGKOK: Thailand's gross domestic product (GDP) grew 1.