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India's retail inflation stayed within the central bank's target range for the second consecutive month as it fell to a 16-month low in January, data released by the government showed on Friday, helped by a sharp decline in food prices.
U.S. consumer sentiment unexpectedly fell in early February amid growing pessimism about the economy among households with annual incomes below $75,000, even as the government is poised to deliver another round of COVID-19 relief money.
U.S. consumers stuffed more money into bank accounts and paid down their credit cards last month in a signal of how some of the $900 billion in coronavirus pandemic relief enacted at the end of 2020 was put to use as the new year began.
December 2020 Consumer Credit Growth Slows, Literally No Growth In 2020 Headline consumer credit barely expanded in December and was well below expectations. Our analysis of the unadjusted data shows annual growth continues barely in expansion year-over-year. Analyst Opinion of the Consumer Credit Situation Student loan year-over-year growth rate marginally declined and remains in an overall slowing trend. Not only does this data set suffer from backward revision (at times moderate to significant enough to change trends -, but the use of compounding (projecting monthly change as annual change...
Japan's household spending fell for the first time in three months in December, in a sign consumer sentiment was weakening even before the government called a state of emergency to control a new wave of the coronavirus in the country.