Search For "household consumption"
Household spending may remain low but rural and luxury spending will impro
Updated : 1 year, 10 months ago IST
The report highlights that the growth in what households spend on goods and services is predicted to be quite small, only around 4-5 per cent more than the previous year. This is way less compared to the strong 6.5-7 per cent increase we saw each year from 2011 to 2020.
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Chinese economy to moderate in 2024: ADB
Updated : 1 year, 11 months ago IST
Chinese economy is forecast to grow 4.8 per cent in 2024, amid a recovery of household consumption, ongoing property market adjustment, and weak external demand, according to the latest report published by the Asian Development Bank (ADB).
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India has officially eliminated 'extreme poverty': US report
Updated : 2 years ago IST
India has now officially eliminated 'extreme poverty', which can be seen through the sharp decline in headcount poverty ratio and stark increase in household consumption, American think tank Brookings said in a report.
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Pakistan struggles to meet domestic and industrial gas consumption needs
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], January 6 (ANI): Pakistan struggles to meet its domestic and industrial gas consumption needs as its supplies are stretched between its domestic household consumption during the winter and the industrial needs to be distributed among its provinces.
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Elevated inflation can be a drag on overall economic recovery: Ind-Ra
Updated : 4 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 10 (ANI): India Ratings and Research (Ind-Ra) has said that salaried and wages earners will be a drag on overall economic recovery in medium term due to tepid recovery of household consumption.
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Congress hits out at government, asks it to release latest NSS household c
Updated : 4 years, 8 months ago IST
New Delhi [India], June 30 (ANI): The Congress on Tuesday hailed the Supreme Court judgement in which it gave directions to the Centre and state governments to provide dry ration to migrant workers and hoped the Narendra Modi government will implement it in letter and spirit.
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Household consumption in advanced economies to surge in coming quarters: M
Updated : 4 years, 10 months ago IST
New York [USA], April 26 (ANI): Moody's Investors Service said on Monday household consumption growth in the United States, the United Kingdom, Japan and several European Union countries is gathering pace after a temporary slowdown following renewed restrictions to curb rising Covid-19 infec
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Southeast Asia's recovery may be delayed amid lingering Covid disruption:
Updated : 5 years ago IST
Singapore, February 22 (ANI): A pause in southeast Asia's economic recovery can steepen permanent economic losses as people stay home more and spend less, according to a report by S&P Global Ratings published on Monday.
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Russian economy faces deep recession amid global pandemic and oil crisis:
Updated : 5 years, 8 months ago IST
Moscow [Russia], July 6 (ANI): Fueled by a Covid-19 triggered deep global recession, Russia's 2020 GDP growth is projected to contract by 6 per cent, an eleven-year low, with a moderate recovery in 2021-2022, according to the World Bank's latest Russia Economic Report released on Monday.
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India's economy constrained by weakening household consumption: Moody's
Updated : 6 years, 2 months ago IST
Singapore, Dec 16 (ANI): India's weak household consumption will curb economic growth and weigh on the credit quality of Indian issuers in a range of sectors, Moody's Investors Service said on Monday.
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Continued global monetary policy easing could stoke FPI inflows to India:
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Sep 21 (ANI): The reduction in US Federal Reserve's policy rate by 25 basis points and the European Central Bank's decision to resume asset purchases is likely to augur well for short-term foreign portfolio investment (FPI) flows to economies such as India which
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