Tag: consumer
Chinese economy weakens as consumer spending and factory output slows
Economists split on need for new Beijing stimulus amid headwinds from Trump tariffs and crisis-hit property sector Business live – latest updates China’s economy showed further signs of weakness last month, with important data revealing factory output and consumption rising at their weakest pace for about a year. The disappointing data adds pressure on Beijing…
Greggs sales growth slows amid ‘lower consumer confidence’
Bakery chain says fewer shoppers on high streets over Christmas also to blame in ‘more challenging market’ Greggs, the UK’s biggest bakery chain, has reported slowing sales growth over the festive period, blaming weakening consumer confidence and fewer shoppers on high streets. The company said its total sales rose by 11.3% to just over £2bn…