Record Grocery Spending in Spain Reaches "122 Billion Euros" in 2024
Spanish consumers spent a record "122 billion euros" on groceries in 2024, a 4.6% increase driven by higher input prices (up 2.5%), increased demand (up 2%), and a booming online grocery sector (up 18%).
Record Grocery Spending in Spain Reaches "122 Billion Euros" in 2024
Spanish consumers spent a record "122 billion euros" on groceries in 2024, a 4.6% increase driven by higher input prices (up 2.5%), increased demand (up 2%), and a booming online grocery sector (up 18%).
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36% Bias Score
Small Business Sales Surge in December 2023
U.S. small business sales surged 4.9% in December 2023, reaching an index of 146, driven by strong retail performance despite a decline in restaurant sales due to reduced average ticket sizes; this growth surpasses expectations, reflecting positive consumer confidence during the holiday season.
Small Business Sales Surge in December 2023
U.S. small business sales surged 4.9% in December 2023, reaching an index of 146, driven by strong retail performance despite a decline in restaurant sales due to reduced average ticket sizes; this growth surpasses expectations, reflecting positive consumer confidence during the holiday season.
Progress
32% Bias Score
German Retail SMEs Face Severe Sales Crisis
German retail SMEs experienced significant sales drops in November (-1.1%) and December (-0.9%) 2023 compared to previous months, missing the usual Christmas sales boost, unlike the overall retail sector. December 2023 sales were 2.2% lower than in December 2022, following a 4.4% drop in December 20...
German Retail SMEs Face Severe Sales Crisis
German retail SMEs experienced significant sales drops in November (-1.1%) and December (-0.9%) 2023 compared to previous months, missing the usual Christmas sales boost, unlike the overall retail sector. December 2023 sales were 2.2% lower than in December 2022, following a 4.4% drop in December 20...
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44% Bias Score
China Launches 11 Billion Euro Stimulus Plan Amid Economic Slowdown
In response to sluggish consumer spending, the Chinese government launched an 81 billion yuan (almost 11 billion euro) plan to exchange old for new appliances at discounted prices, alongside significant discounts on electric vehicles and other consumer goods, amid concerns about economic growth, hig...
China Launches 11 Billion Euro Stimulus Plan Amid Economic Slowdown
In response to sluggish consumer spending, the Chinese government launched an 81 billion yuan (almost 11 billion euro) plan to exchange old for new appliances at discounted prices, alongside significant discounts on electric vehicles and other consumer goods, amid concerns about economic growth, hig...
Progress
40% Bias Score
China's Economic Growth Figures Under Scrutiny Amidst Weak Consumption and Population Decline
Despite China reporting economic growth, independent analyses show significantly lower figures; weak domestic consumption, despite government efforts, is coupled with a declining population resulting in a 1.4 million decrease in population in 2022.
China's Economic Growth Figures Under Scrutiny Amidst Weak Consumption and Population Decline
Despite China reporting economic growth, independent analyses show significantly lower figures; weak domestic consumption, despite government efforts, is coupled with a declining population resulting in a 1.4 million decrease in population in 2022.
Progress
36% Bias Score
Target Exceeds Sales Forecast Despite Maintaining Profit Outlook
Target exceeded its fourth-quarter sales forecast, with comparable sales projected to grow by 1.5% due to increased holiday shopping driven by promotional events, particularly Black Friday, Cyber Monday, and Circle Week; however, the company maintained its profit outlook, suggesting reduced margins.
Target Exceeds Sales Forecast Despite Maintaining Profit Outlook
Target exceeded its fourth-quarter sales forecast, with comparable sales projected to grow by 1.5% due to increased holiday shopping driven by promotional events, particularly Black Friday, Cyber Monday, and Circle Week; however, the company maintained its profit outlook, suggesting reduced margins.
Progress
32% Bias Score
E-commerce Sales Surge in Spain: 18% Growth in 2024
In 2024, Spanish e-commerce sales surged by 18%, outpacing offline growth at 4.5%, reaching a 6.8% market share in consumer goods. This growth is fueled by increased purchasing frequency, larger basket sizes, and higher spending, with senior citizens increasingly adopting online shopping.
E-commerce Sales Surge in Spain: 18% Growth in 2024
In 2024, Spanish e-commerce sales surged by 18%, outpacing offline growth at 4.5%, reaching a 6.8% market share in consumer goods. This growth is fueled by increased purchasing frequency, larger basket sizes, and higher spending, with senior citizens increasingly adopting online shopping.
Progress
44% Bias Score
Chinese Spring Festival Movie Pre-Sales Shatter Records
Pre-sales for Spring Festival movies in China exceeded 169.8 million yuan ($23.2 million) within 12 hours, breaking records multiple times, boosted by a government campaign and online promotions from major platforms such as Taobao and JD.com.
Chinese Spring Festival Movie Pre-Sales Shatter Records
Pre-sales for Spring Festival movies in China exceeded 169.8 million yuan ($23.2 million) within 12 hours, breaking records multiple times, boosted by a government campaign and online promotions from major platforms such as Taobao and JD.com.
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48% Bias Score
Chinese Spring Festival Movie Pre-Sales Hit Record High
Pre-sales for Spring Festival movies in China exceeded $23.2 million within 12 hours, setting a new record fueled by a government-backed campaign and online promotions, building on already strong consumer spending growth.
Chinese Spring Festival Movie Pre-Sales Hit Record High
Pre-sales for Spring Festival movies in China exceeded $23.2 million within 12 hours, setting a new record fueled by a government-backed campaign and online promotions, building on already strong consumer spending growth.
Progress
36% Bias Score
Luxury Jewelry Thrives While Accessible Market Struggles
Richemont's Q3 results showed a 10% revenue increase to $6.3 billion, boosted by a 14% rise in jewelry sales, contrasting with Signet Jewelers' 2% decline in same-store holiday sales, highlighting the resilience of the luxury market against a backdrop of promotional retail and budget-conscious consu...
Luxury Jewelry Thrives While Accessible Market Struggles
Richemont's Q3 results showed a 10% revenue increase to $6.3 billion, boosted by a 14% rise in jewelry sales, contrasting with Signet Jewelers' 2% decline in same-store holiday sales, highlighting the resilience of the luxury market against a backdrop of promotional retail and budget-conscious consu...
Progress
60% Bias Score
British Retail Sales Fall in Surprise Christmas Slump
British retail sales volumes fell 0.3% in December 2024, marking the worst Christmas for food stores since 2013 due to a 1.9% drop in supermarket sales, while clothing sales rose 4.4%, highlighting economic uncertainty and contrasting reporting methods.
British Retail Sales Fall in Surprise Christmas Slump
British retail sales volumes fell 0.3% in December 2024, marking the worst Christmas for food stores since 2013 due to a 1.9% drop in supermarket sales, while clothing sales rose 4.4%, highlighting economic uncertainty and contrasting reporting methods.
Progress
40% Bias Score
China's Auto Sector Booms in 2024, Driven by NEV Sales
China's 2024 auto production and sales exceeded 31 million units, with new energy vehicle (NEV) sales jumping 35.5% to 12.87 million units, representing 40.9% of the market, driven by a government consumer goods replacement program offering subsidies of up to 20,000 yuan for NEV purchases.
China's Auto Sector Booms in 2024, Driven by NEV Sales
China's 2024 auto production and sales exceeded 31 million units, with new energy vehicle (NEV) sales jumping 35.5% to 12.87 million units, representing 40.9% of the market, driven by a government consumer goods replacement program offering subsidies of up to 20,000 yuan for NEV purchases.
Progress
36% Bias Score