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consumer spending
Update news consumer spending
Prices rise as people tighten purse strings, retailers warned of difficulties
Retailers are facing difficulties as high inflation has affected consumer spending. Cao Thi Ngoc Dung’s PNJ and Truong Gia Binh’s FRT, for example, have seen their capitalization value drop by trillions of dong.
Vietnam household spending predicted to surge over 9% in 2021
The rate is even higher than the 7.1% year-on-year growth from a pre-Covid-19 environment in 2019.
Consumer spending in Vietnam continues to outpace ASEAN peers
Vietnam’s modern grocery retail and pharmacy sector will benefit specifically from the country’s consumer spending growth story.
New rules put brakes on VN alcohol sector
Vietnam started aggressively enforcing regulations against drunk driving on January 1, in a country where having a drink before riding or driving home was a commonplace practice.
Consumer spending, inflation data support Fed rate hike case
U.S. consumer spending recorded its biggest increase in four months in April and monthly inflation rebounded, pointing to firming domestic demand that could allow the Federal Reserve to raise interest rates
US economy grows faster than first forecast
The US economy grew much faster in the third quarter than first reported, official figures have shown.
