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The Jakarta Post
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consumer-spending

China's consumer spending picks up in October
Business 1 week ago

China's consumer spending picks up in October

Retail sales in the world's second-largest economy rose 4.3 percent on-year last month, Beijing&...
China's industrial engine gathers speed, consumers open wallets in boost to recovery
Business 2 months ago

China's industrial engine gathers speed, consumers open wallets in boost to recovery

After the pandemic paralyzed the economy, China’s recovery has been gaining momentum as pent-u...
Indonesian urban consumers more optimistic than global peers: Survey
Business 3 months ago

Indonesian urban consumers more optimistic than global peers: Survey

64 percent of Indonesian consumers say they are going to spend more over the next few months.&n...
Retailers optimistic annual sale season will jump start consumer spending
Business 3 months ago

Retailers optimistic annual sale season will jump start consumer spending

Hopes are high the annual Indonesian Discount Shopping Days (HBDI) will give a much needed boost to ...
Americans keep spending, even as layoffs continue
Business 4 months ago

Americans keep spending, even as layoffs continue

The Labor Department on Thursday said new claims for unemployment benefits were at 1.3 million last ...
Italy PM says budget deficit likely to rise further amid pandemic
Business 5 months ago

Italy PM says budget deficit likely to rise further amid pandemic

Italy’s budget deficit, currently projected to reach 10.4 percent of domestic output this...
Cash is king: Indonesians withhold spending, augment emergency funds
Business 5 months ago

Cash is king: Indonesians withhold spending, augment emergency funds

People are becoming increasingly cautious about spending as they prepare for the possibility that th...
Global smartphone sales plunge 20% in pandemic-hit quarter
Business 5 months ago

Global smartphone sales plunge 20% in pandemic-hit quarter

Global smartphone sales saw their worst-ever slump in the first quarter as the coronavirus pandemic ...
China reopening signs of normalcy?
Opinion 6 months ago

China reopening signs of normalcy?

As other emerging economies come out of lockdown, we’ll be watching closely whether consumers ...
Sufficient food supply, weak demand to lower April inflation: BI
Business 7 months ago

Sufficient food supply, weak demand to lower April inflation: BI

Bank Indonesia (BI) expects the April inflation rate to drop to 2.8 percent year-on-year (yoy).
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