Consumer Spending

Costco Quarterly Results Miss Estimates As Demand Weakens, Costs Jump

Costco Wholesale Corp has reported first-quarter results that missed analysts' estimates, with surging inflation pushing consumers to cut back spending and...

UK Consumer Spending Fails To Keep Pace With Inflation, Surveys Show

British consumer spending ticked up last month at a rate that greatly lagged behind inflation, according to surveys on Tuesday that underscored the pressur...

Poland's Allegro Posts Higher Profit On Return To Growth At Home

Poland's biggest e-commerce platform Allegro reported a rise in third-quarter core profit, driven by recovery in its home market and smaller losses at Mall...

German Economy Beats Expectations With 0.4% Growth In Q3

The German economy grew slightly more in the third quarter than preliminary figures suggested, bolstered by consumer spending, data showed on Friday.

Alibaba Quarterly Revenue Misses Expectations As Spending Slows

Chinese e-commerce giant Alibaba Group Holding Ltd has posted a smaller-than-expected rise in quarterly revenue as COVID-19 curbs and a worsening economic...