Latest news with #domesticconsumption
Wall Street Journal
28-05-2025
- Business
- Wall Street Journal
Bank of Mexico Cuts Economic Growth Forecasts
MEXICO CITY–The Bank of Mexico lowered its economic growth estimates for this year and next, citing uncertainty about the impact of U.S. import tariffs and weakness in domestic consumption and investment. In its quarterly report, the central bank said it expects Mexico's gross domestic product to grow 0.1% this year, down from it's previous estimate of 0.6%. The forecast ranges from a contraction of 0.5% to an expansion of 0.7%. For 2026, the bank cut its growth forecast to 0.9% from 1.8% previously.
Bloomberg
28-05-2025
- Business
- Bloomberg
China Tech Ambitions Won't Hurt Consumption Pivot, Keyu Jin Says
China can boost production of high-end technological goods without undermining its push to lift domestic consumption, economist Keyu Jin said. The scholar argued that the Asian nation can advance both goals 'in parallel' in response to a question about Beijing's potential adoption of a new industrial blueprint. Talks about that proposal, reported by Bloomberg News this week, signal Chinese policymakers intend to keep a firm grip on manufacturing as President Donald Trump looks to bring more factories back to the US.
Bloomberg
23-05-2025
- Business
- Bloomberg
Dollar Store Seeks To Revive Malaysia's IPO Market
Homegrown brand Eco-Shop has become Malaysia's biggest IPO this year after raising more than $220 million. It's a sign that in light of US tariff threats, domestic consumption may be Malaysia's solution for sustained economic growth. (Source: Bloomberg)
Wall Street Journal
12-05-2025
- Business
- Wall Street Journal
China Struggles With Persistent Disinflationary Pressures as Tariffs Bite
China's consumer prices fell further in April, suggesting Beijing's efforts to boost domestic consumption haven't been successful in persuading cautious Chinese households to open their wallets. Economists have expected the steep duties slapped by President Trump on Chinese products to exacerbate China's already-stubborn disinflationary pressures.
