Key Indicators Show Slowdown in Urban Consumption

Demand in urban consumption is slowing down across various sectors, as reflected by several economic indicators. The Services and Manufacturing PMI have dropped, signaling reduced business activity. Retail sales growth has also slowed, with consumers tightening their spending, particularly on non-essentials like fashion and dining out. Credit growth has eased, indicating fewer consumers are borrowing, affecting major purchases like homes and cars. Additionally, passenger vehicle sales are down, while fuel consumption and toll growth have moderated, signaling weaker mobility.

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