Category: Trends & Shopping

Bangladesh has proposed an ambitious export target of $65 billion for this fiscal (FY26, July to June)—$56.5 billion from goods and $8.5 billion from services. The FY26 export turnover target reflects a 17.22-per cent year-on-year (YoY) growth—17 per cent for goods and 18.67 per cent for services—over the estimated export earnings of $55.45 billion in…

Chinese firms grew less optimistic regarding future output in June. This was as expectations around profitability deteriorated for the first time since last June, according to S&P Global. Firms expect to raise charges only modestly amid rising competition while managing their costs, including via further reductions in headcounts. That said, R&D spending was projected to…

UK clothing imports rose 15.26 per cent year-on-year (YoY) to £1.435 billion (~$1.938 billion) in May and increased 7.89 per cent from April. Textile fabric imports also grew, while fibre imports declined slightly. Q1 2025 clothing imports were up 10.28 per cent YoY but down from Q4 2024. For full-year 2024, clothing, fabric, and fibre…

Monthly UK real gross domestic product (GDP) is estimated to have fallen by 0.1 per cent in May this year, following an unrevised fall of 0.3 per cent in April and a growth of 0.4 per cent in March, according to Office of National Statistics (ONS). Real GDP is estimated to have grown by 0.5…

Prices of imported goods in the United States have fallen this year and have declined faster than overall goods prices since February, according to a new report from the Council of Economic Advisers (CEA), an agency within the executive office of the US President. The findings contradict claims that the US administration’s reciprocal tariffs or…

The June US logistics manager’s index (LMI) was 60.7—up by 1.3 points from May’s reading of 59.4. The increase in the overall index was driven by an increase in the rate of expansion for inventory levels, which was up by 8.3 points to 59.8. The June US logistics manager’s index was 60.7—up by 1.3 points…

Responding to President Donald Trump’s announcement to impose 30-per cent tariffs on exports from the European Union (EU) and Mexico starting August 1, the former has reiterated its commitment to negotiations, while the latter rejected the move, terming it ‘unfair’ and unacceptable. Trump made the announcement yesterday on his Truth Social platform, citing a trade…

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Ninety-five per cent of exporting manufacturers in the Netherlands are concerned about international trade policy in the next 12 months, primarily about the effects of non-tariff measures like customs enforcement or product specification requirements on their exports, according to a Statistics Netherlands (CBS) survey. This figure is an increase from 41 per cent in March…