Consumer rush did not occur in the United States
Despite the fact, that the huge chains were bombing the customers with actions, in December, the U.S. households spent less, than expected. Only a 0.2 percent increase occured, in household consumption, compared to November.
Although a lot of products were offered on special prices before Christmas and the personal income grew by 0.4 percent, compared to the previous month, the spending propensity decreased.
The U.S. households spent 0.8 percent less, for daily use articles and 0.2 percent more for durable articles, than a month earlier – reports Portfolio.hu.
Related news
Related news
KSH: in April, retail turnover exceeded the same period of the previous year by 5.0 percent and the previous month by 2.0 percent
In April 2025, the volume of retail trade turnover increased…
Read more >FAO food price index fell in May
The benchmark global food price index fell in May from…
Read more >Eurozone retail sales rise in April
Retail sales in the eurozone and the European Union increased…
Read more >