consumer demand News

US Economy Faces Headwinds as GDP Dips 0.3% in Q1 2025, Marking First Decline Since 2022

The US GDP fell by 0.3% in Q1 2025, the first decline since 2022, due to increased imports and reduced federal spending. Despite this, consumer demand remained strong, with a 3.0% ...

US Economy Takes a Hit: GDP Drops 0.3% in Q1 2025 as Tariff Pressures Mount

The US GDP fell by 0.3% in Q1 2025, the first decline since 2022, due to increased imports and reduced federal spending. Consumer demand remained strong, but inflation pressures gr...

US Economy Faces a Setback: GDP Drops 0.3% in Q1 2025 Amid Rising Tariff Pressures

The US GDP fell by 0.3% in Q1 2025, marking the first negative growth since November 2022. Factors include increased imports and reduced federal spending, though consumer demand re...

US Economy Stumbles: GDP Drops 0.3% in Q1 2025 as Tariff Wars Take Their Toll

The US GDP fell by 0.3% in Q1 2025, the first decline since 2022, due to increased imports and reduced federal spending, despite strong consumer demand and rising inflation pressur...

US Economy Faces Downturn: GDP Drops 0.3% in Q1 2025 Amid Rising Tariff Pressures

The US GDP fell by 0.3% in Q1 2025, the first negative figure since 2022, due to increased imports and reduced federal spending. Despite this, consumer demand remained strong, with...

UK Retail Sales Surge by 2.6% in March, Exceeding Analysts' Expectations

The UK's retail sales volumes increased by 2.6% in March compared to last year, exceeding analysts' forecasts. Monthly sales rose by 0.4%, with significant growth in textile, cloth...

Fitch Ratings Downgrades 2025 Global Auto Outlook Amid Rising US Tariff Concerns

Fitch Ratings downgrades the 2025 global automotive sector outlook to 'deteriorating' due to US tariffs on imported vehicles, warning of production cuts, increased costs, and weake...

Fitch Ratings Downgrades 2025 Global Auto Outlook Amid US Tariff Concerns

Fitch Ratings downgrades the 2025 global automotive sector outlook to 'deteriorating' due to US tariffs on imported vehicles, warning of production cuts, increased costs, and impac...

Fitch Shifts Global Auto Outlook to 'Deteriorating' Amid Rising US Tariffs and Market Uncertainties

Fitch Ratings downgrades the 2025 global automotive sector outlook to 'deteriorating' due to US tariffs, warning of production cuts, higher costs, and weakened consumer demand in k...

Fitch Downgrades 2025 Global Auto Outlook Amid Rising US Tariffs and Economic Uncertainties

Fitch Ratings downgrades the 2025 global automotive sector outlook to 'deteriorating' due to US tariffs on imported vehicles, warning of production cuts, increased costs, and weake...

Fitch Ratings Lowers 2025 Global Auto Outlook Amid Rising US Tariffs and Market Uncertainties

Fitch Ratings downgrades the 2025 global automotive sector outlook to "deteriorating" due to US tariffs on imported vehicles, warning of production cuts, increased costs, and weake...

China's Retail Sector Surges: March Sales Jump 5.9%, Outpacing Expectations

China's retail sales in March rose by 5.9% year-over-year, exceeding expectations and indicating a strong rebound in the retail sector. Urban and rural sales grew by 4.5% and 4.9% ...

Germany's Retail Sector Surges: February Sees a 4.9% Jump in Sales Year-on-Year

Germany's retail trade turnover rose by 4.9% in real terms in February year-on-year, with food and non-food sectors both showing growth. Monthly figures also indicate a positive tr...

Zepto Expands Its Horizon: Now Offering Apple Products Amid Surging Demand

Zepto, a leading quick-commerce platform, has broadened its product range by introducing Apple products, responding to over a million searches for Apple devices in the last 60 days...