Month: May 2023

The Big Picture Overall retail sales rose by 0.4% last month, coming in equal to the increase in consumer prices. This means that consumption barely caught up with inflation. Although

Since China lifted its COVID-related lockdowns earlier this year, the luxury market has rebounded. Chinese consumers are buying more luxury goods at home, but especially in Europe. As a result,

The Big Picture March’s inflation figure of 5% growth was the lowest rate in two years, as food and energy prices fell slightly. However, housing costs remain stubbornly high, which