Tag: Household Spending
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Canadian Consumers Stay Cautious Despite Signs of Economic Recovery
Overview: Cautious Spending Amid Economic Unease Canadians are continuing to navigate a delicate balance between improving economic indicators and persistent financial worry. A Bank of Canada survey released this week finds that households remain anxious about prices, job security, and the overall trajectory of the economy. While data points—such as inflation cooling and labor market…
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Canadians Remain Cautious as Economy Wobbles and Prices Stay High
Canadian Consumers Stay Wary amid Mixed Economic Signals Even as some economic indicators edge higher, many Canadian households remain anxious about the path ahead. A Bank of Canada survey released this week highlights a persistent sense of uncertainty tied to elevated prices, the ongoing U.S. trade tensions, and fears of future interest-rate moves. The results…
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Household Spending Slumps for First Time in Five Years
Overview: A New Turning Point for Household Spending Household spending in the UK has fallen for the first time since the onset of the pandemic, signaling a notable shift in the domestic economy. Barclays reports a 0.2% decline in consumer spending for 2025, driven in part by confidence damage from successive tax increases and a…
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Household Spending Slumps as Tax Hikes Silence Confidence
Overview: A Cooling of Household Spending Another year, another shift in the wallets of everyday Britons. Household spending fell by 0.2% in 2025, according to Barclays, marking the first decline since the upheavals of 2020. The drop follows a sequence of tax increases and policy changes that have weighed on consumer confidence and the willingness…
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Kenya’s Economy Poised for Faster Growth in 2026 as Borrowing Costs Fall
Outlook for 2026: A more upbeat growth path Kenya’s economy is expected to accelerate in 2026, supported by falling borrowing costs, stronger export performance, and healthier household spending. A consensus among global banks, consultancies, and think tanks points to a brighter macro backdrop as policymakers work to ease financing conditions, improve infrastructure, and stimulate demand…
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Kenya’s Economy Poised for Faster Growth in 2026 as Falling Credit Costs Spur Optimism
Kenya’s 2026 Outlook Brightens as Borrowing Costs Fall Kenya’s economy is projected to accelerate in 2026, driven by a confluence of favorable factors: easing credit costs, stronger export performance, and improving household spending. A recent consensus among global banks, consultancies, and think tanks highlights a more optimistic trajectory for the region’s largest economy. While uncertainties…
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Understanding Sweden’s New Budget: A Push for Household Consumption
Introduction In light of the recent inflation and interest rate shocks, many Swedes have shifted their focus from consumption to saving. This trend has significantly contributed to the prolonged recession the country is currently experiencing. To combat this issue, the Swedish government has proposed a series of measures in the upcoming budget aimed at reigniting…