Widen out consumption to avert an income trap
Weakened consumer spending points to an uneven economic recovery that could lead India into a middle-income trap before 2047 unless we enable a broad-based consumption boom
Source: livemint.com
Page 10 - Private Consumption News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Private Consumption. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Private Consumption Today - Breaking & Trending Today
With backing from business lobby, Japan PM Fumio Kishida calls for workers' pay hikes
Leader says ‘wage hikes that beat price hikes are needed’, pledges to continue taking steps to curb energy and food prices to ease pain of inflation on households.
Source: scmp.com
Fitch Solutions retains forecast of Malaysia's GDP growth at 4% in 2023
KUALA LUMPUR: Fitch Solutions Country Risk and Industry Research (Fitch Solutions) has reiterated its forecast for Malaysia’s real gross domestic product (GDP) growth to slow to 4.0 per cent in 2023 from 8.7 per cent last year.
Source: thestar.com.my
Key takeaways of Economic Survey: GDP growth pegged at 6-6.8% in FY24, 6.8% inflation not high to deter pvt consumption
The Economic Survey said that India remains the fastest-growing major economy in the world.
Source: dnaindia.com
UK data highlights oncoming recession
- UK Final GDP reading revised lower adding to evidence the country has slipped into a recession; UK household incomes fell for a fourth straight quar
Source: fxstreet.com