Eid celebrations in Indonesia and India face economic and political challenges

The usual festive mood of Eid ul-Fitr holiday to mark the end of the Islamic holy month of Ramadan has been subdued in Indonesia this year as people grapple with soaring prices for food, clothing and essential goods. Consumer spending ahead of the biggest religious holiday for Muslims, which was celebrated on Sunday in Indonesia, … Read more

Keir Starmer’s Consumer Challenge

British Consumers Brace for Economic Uncertainty July 1, 2025 For British consumers still reeling from the Labour government’s first budget, the watchword is caution. Pessimism is rife, and households are looking to cut their expenses, for example, by eating in rather than dining out, figures last week showed. Inflation is resurgent, and the fear of … Read more