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Below is a list of the largest consumer markets of the world, according to data from the World Bank.The countries are sorted by their household final consumption expenditure (HFCE) which represents consumer spending Values are in nominal terms in United States dollar and adjusted for Purchasing power parity (PPP) in constant 2021 International dollar in nominal terms.
The Eurozone recession has been dated from the first quarter of 2008 to the second quarter of 2009. [2] In the eurozone as a whole, industrial production fell 1.9% in May 2008, the sharpest one-month decline for the region since the Black Wednesday exchange rate crisis in 1992.
Before 2019, the U.S. was seen as a last resort for consumer spending during a global recession, but after 2020, U.S. exports have contributed to foreign inflation. At the same time, energy prices have gone up as well as the value of the U.S. dollar, which both increased monetary pressures on nations that mostly rely on energy imports.
This is a list of countries by household final consumption expenditure per capita, that is, the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households during one year, divided by the country's average (or mid-year) population for the same year.
The European Union has lowered its forecast for economic growth this year and next, saying inflation is taking a heavy toll on people's willingness to spend in shops — while higher interest ...
Experian digs into its own data for its annual consumer credit review, which looks at consumer spending, debt, and more. 2023 consumer debt levels grew, but not as severely as in 2022, according ...
A social and economic history of medieval Europe (Routledge, 2013) Pirenne, Henri. Economic and social history of medieval Europe (1936) online; Postan, Michael. Mediaeval Trade and Finance (2002). Pounds, N.J.G. An economic history of medieval Europe (1974) online; Pounds, Norman John Greville. An historical geography of Europe: 450 B.C.–
"Wages were not keeping up with inflation starting in the spring of 2021, but since early 2023, wage growth has been higher," said Kristina Hooper, Invesco chief global market strategist.