Tag: consumer spending
PepsiCo posts surprise drop in quarterly revenue, cuts sales forecast
Oct 08, 2024 03:35 PM IST Pepsico lowers its fiscal 2024 sales growth forecast to low single digits from 4%. Q3 net revenue was $23.32…
UK economy grew by slower-than-thought 0.5% in Q2
The UK economy grew more slowly than thought in the second quarter, suggesting the recovery from recession was already losing steam as Labour came to…
Deeper discounts coming? Why cars could get cheaper for you
Stung by leftover inventory and unsure about consumer spending, India’s auto dealers are worried about having to discount more to boost demand in the upcoming…
Walmart’s Q2 international sales growth led by Flipkart, other markets
Walmart Inc. raised its sales guidance for the full year, buoyed by consumers buying necessities and seeking deals even as they curtail spending elsewhere. A…
Food inflation India: India mulls major cut to food weighting in new CPI basket
An Indian government panel tasked with revising the nation’s consumer price index is considering a substantial cut in the weighting of food, according to a…
Stable inflation expectations will revive consumer spending: RBI bulletin
Bringing down inflation and stabilising inflation expectations will revive consumer spending, boost corporate revenues and profitability, which is the best incentive for private capex, the…
Strong sales of air conditioners key to Havells India’s Q4 profits: Report
Reuters | | Posted by Animesh Chaturvedi Havells India Ltd reported a 2.5% rise in fourth-quarter profit on Wednesday, aided by strong sales for air…
US economy grows at 1.1 per cent in first quarter: Report
The US economy slowed sharply from January through March, decelerating to just a 1.1% annual pace as higher interest rates hammered the housing market and…