Business News Asia
The Bank of Thailand (BOT) has reported a rise in its Business Confidence Index, with January’s reading at 49.8, up from December’s 48.4. Almost all components have contributed to the increase, with the manufacturing and non-manufacturing sectors both slightly above…
The National Association of Home Builders (NAHB) reported that the United States Home Builder Confidence Index rose four points to 35 in January, marking the first increase in over a year. This is above analysts’ expectations of 31, following 12…
Australia’s consumer confidence index rose by 5% to 84.3 in January, reaching the highest level since April 2021, driven by the Reserve Bank of Australia’s (RBA) decision to defer interest rates. An index below 100 indicates that more consumers have…
The Center for Economic and Business Forecasting at the University of the Thai Chamber of Commerce announced that the consumer confidence index in December 2022 was 49.7, rising for the seventh consecutive month and reaching the highest level in 25…
Australian consumer sentiment rose 4.9 points to 87.4 in the Jan. 2-8 period, the highest level in three months Weekly inflation expectations fell sharply from the previous 2022 report, down 0.9 percentage points to 5.0%. Despite positive signs in many…
According to a University of Michigan survey, the final consumer sentiment index rose to 59.7 in December, beating preliminary expectations and analysts’ expectations of 59.1, after reaching 56.8 in November. The sentiment index was bolstered by confidence in the U.S.…
According to the market research institute GfK, consumer climate in Germany is set to rise into next year after the government’s measures to ease the problem of skyrocketing energy prices began to bear fruit. The consumer climate index rose to…
According to World Economics, business sentiment in China has fallen to its lowest level since the survey began in January 2013, reflecting the impact of COVID-19. The report said, “Surveys suggest that the growth rate of China’s economy is slowing…
The Bank of Japan (BOJ) reported Wednesday (Dec. 14) that the business condition index of major Japanese manufacturers fell in the fourth quarter of 2022. The Tankan index for Japan’s large manufacturers, which includes the automotive and electronics industries, was…
Australian consumer sentiment remains stagnant and business conditions is negative for the first time this year after a sharp increase in interest rates slowed economic growth. Australia’s Westpac Bank said the Australian consumer sentiment index was 80.3 in December. A…
