Tag Archives: consumer

UK consumer stumbles in May as surveys show spending squeezed

British shoppers kept a tighter grip on their credit cards last month as they felt growing pressure from rising inflation, new figures showed just two days before they vote on whether to keep Prime Minister Theresa May in power. With record numbers of people in work and public borrowing more manageable, the economy has played a smaller role… Read More »

Japan’s tight labour market offers hope for consumer spending

Labour demand in Japan rose to its strongest in more than 40 years while the unemployment rate held steady at a two-decade low in April, offering hope that a tight labour market will eventually spark a turnaround in weak consumer spending. Separate data showed household spending fell more than expected in April due to lower spending on cars… Read More »

Kraft Heinz approaches consumer goods giant Unilever about possible merger

US food giant Kraft Heinz has approached Unilever about a merger that would represent one of the biggest tie-ups in corporate history, but the Anglo-Dutch company declined a deal. “Kraft Heinz confirms that it has made a comprehensive proposal to Unilever about combining the two groups to create a leading consumer goods company with a mission of long-term… Read More »

Japan consumer inflation flat, keeps BOJ under pressure

Japan’s consumer inflation was flat in the year to February as low energy costs and weak consumption put a lid on price growth, government data showed on Friday, keeping the central bank under pressure to top up stimulus although it eased policy less than two months ago. A separate BOJ index calculated by the central bank to strip… Read More »