Tag: Household Spending
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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…