[ad_1] South Africa’s economy probably avoided a contraction in the second quarter, despite record power cuts, logistical constraints and sagging consumer confidence. In the view of analysts polled by Bloomberg…
Tag: Consumer Confidence
Stag-What? Shoppers Shake Off Economy Fears: The London Rush
[ad_1] Hi, I’m Leo from Bloomberg’s UK Breaking News team, catching you up on this morning’s business stories. I’m aware that some readers might be nursing a Christmas party hangover…
House Prices Climb Unexpectedly: The London Rush
[ad_1] Hi, I’m Leo from Bloomberg’s UK Breaking News team, catching you up on this morning’s business stories. UK house prices rose unexpectedly for a third month, helped by a…
Is German consumer optimism returning as Christmas approaches?
[ad_1] Is German consumer optimism returning as Christmas approaches? Euronews Business takes a look. ADVERTISEMENT The German GfK Consumer Confidence Index for December inched up to -27.8, ahead of November’s…
Shoppers Get Ready to Splash Out on Christmas: The London Rush
[ad_1] Hi, I’m Leo from Bloomberg’s UK Breaking News team, catching you up on this morning’s business stories. Britons are more willing to splash out on big-ticket items, with consumer…
Kingfisher Tumbles as French Weakness Prompts Profit Warning
[ad_1] Kingfisher Plc shares tumbled after the home improvement retailer issued its second profit warning in just over two months, hurt by weakening demand in France. The owner of B&Q…
Consumer confidence stages end-of-year rally
[ad_1] The major purchase index, a measure of confidence in buying big ticket items, saw a dramatic 10-point jump to minus 24, reversing some of last month’s 14-point drop in…
Denmark’s Retail Sales Plunge as Rain Blamed for Spending Slump
[ad_1] Denmark’s retail sales showed a significant drop in July, with analysts citing the worst rainfall on record as the culprit. Sales fell a seasonally-adjusted 4.4% from the month before,…
Canada Business Outlook Drops, Inflation Expectations Stay High
[ad_1] Sentiment among businesses fell to its weakest level since the depths of the pandemic, but inflation expectations of both firms and consumers remain high, Bank of Canada surveys show.…