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WASHINGTON, Oct. 6 (AP) — Consumer borrowing rose in August at the slowest pace in five months, reflecting weaker demand for auto loans, the Federal Reserve reported Friday.
In addition, shipments of goods that signal investment plans fell in April, reflecting weaker demand at the start of the year.
Exports slowed, reflecting weaker demand abroad, while higher oil prices and the depreciating yen helped imports expand, leading the country to post a decline in trade surplus for the sixth consecutive month.
TOKYO The food and drink unit of the Japanese brewing company Suntory Holdings set a modest share price for its much-anticipated initial public offering, reflecting weaker demand from investors amid volatile markets in Tokyo.
Exports to China from the rest of Asia were 27% lower in December than a year earlier, partly reflecting weaker demand for components for assembly into goods for re-export.Shocking as the export figures are, they are not entirely to blame for Asia's woes.
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Even as investors were bidding up the prices of commodities like oil and gold last month, wholesale prices in the United States were falling, reflecting weak demand at home.
Clear Channel Communications, a major radio and outdoor advertising company at the center of a heated legal battle, reported higher first-quarter earnings on asset sales, but operating results were flat, reflecting weak demand for radio advertising.
In Spain, official figures showed consumer prices fell 0.1% in October - the fourth consecutive month of declines - reflecting weak demand for goods and services.
He added that the decline was so precipitous that it had to reflect weaker demand for housing, and not just regulatory restrictions on credit.
However, below-target inflation partly reflects weak demand, which also holds down wages.
"Business borrowing continues to reflect weak demand combined with companies reducing gearing by repaying bank borrowing," Mr Dooks said.
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