# Consumer Spending
Latest news and articles about Consumer Spending
Total: 3 articles found
China’s Tepid Recovery: May CPI Edges Up as Pork Slump Offsets Service Gains
China's CPI rose 1.2% in May 2026, driven by a 1.9% increase in non-food prices that was partially offset by a sharp 16.1% drop in pork prices. The data reflects a bifurcated economy where service demand is recovering while food and commodity sectors face persistent deflationary weight.
Shockwaves in Seoul: How Middle East Conflict is Reshaping South Korean Consumption
A major survey reveals that over 77% of South Koreans are experiencing economic anxiety due to Middle East conflicts, leading to widespread spending cuts. The crisis is impacting everything from daily plastic goods to international aviation, as the nation grapples with high energy prices and supply chain disruptions.
China’s Great Deposit Migration: Why Households Are Deserting the ‘Safe Haven’ of Banks
China is experiencing a historic decline in household savings as interest rates drop to record lows, prompting a massive migration of capital into wealth management, insurance, and consumption. This shift represents a fundamental transformation in Chinese financial behavior, creating liquidity pressures for smaller banks while potentially stimulating broader economic activity.