In September 2024, personal consumption expenditure in the United States increased by 0.5 percent when compared to the previous month. The data are in 2017 chained U.S. dollars, seasonally adjusted at monthly rates. According to the BEA, personal consumption expenditure is the value of the goods and services purchased by an individual living in the United States.

In September 2024, the core personal consumption expenditure (PCE) price index of the United States came to 123.22. The core PCE shows the prices paid by consumers for goods and services excluding food and energy, which experience high volatility. This enables an improved measure of inflation. A value above 100 indicates consumer spending is rising above the base year (2017) expenditures, while an index value below 100 shows a decline in spending.

According to the results of a survey conducted in September 2022 in the United Kingdom (UK), consumers will be spending less across almost all retail categories. In the period between September 2022 and September 2023, UK consumers were expecting to spend the least on going out, eating out and clothing and accessories with net negative spending intention of above 50.

Kazakhstan GDP: Household Consumption Expenditure, including NPISHs data was reported at 25,309,927.900 KZT mn in Dec 2023. This records an increase from the previous number of 14,201,328.200 KZT mn for Sep 2023. Kazakhstan GDP: Household Consumption Expenditure, including NPISHs data is updated quarterly, averaging 1,711,608.150 KZT mn from Mar 1994 (Median) to Dec 2023, with 120 observations. The data reached an all-time high of 25,309,927.900 KZT mn in Dec 2023 and a record low of 12,955.600 KZT mn in Mar 1994. Kazakhstan GDP: Household Consumption Expenditure, including NPISHs data remains active status in CEIC and is reported by Bureau of National Statistics of the Agency for Strategic Planning and Reforms of the Republic of Kazakhstan. The data is categorized under Global Database’s Kazakhstan – Table KZ.A004: GDP: by Expenditure: Current Price: IMF Standard.

According to a survey carried out in the United States in September 2023, consumers planned to spend over 60 percent of their total holiday season budget online, and the rest on in-store purchases.

Key information about Kyrgyzstan Private Consumption Expenditure

• Kyrgyzstan Private Consumption Expenditure was reported at 3.376 USD bn in Sep 2023. This records an increase from the previous number of 2.545 USD bn for Jun 2023.
• Kyrgyzstan Private Consumption Expenditure data is updated quarterly, averaging 1.554 USD bn from Mar 2008 to Sep 2023, with 63 observations.
• The data reached an all-time high of 3.660 USD bn in Dec 2022 and a record low of 719.357 USD mn in Jun 2010.
• Kyrgyzstan Private Consumption Expenditure data remains in an active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Private Consumption Expenditure: USD: Quarterly.

CEIC calculates quarterly Private Consumption Expenditure as the sum of Household and NPISHs Consumption and converts it into USD. The National Statistical Committee of the Kyrgyz Republic provides year-to-date Private Consumption Expenditure in local currency. The National Bank of the Kyrgyz Republic average market exchange rate is used for currency conversions.

Consumer Confidence in the United States decreased to 57.90 points in March from 64.70 points in February of 2025. This dataset provides the latest reported value for - United States Consumer Sentiment - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about Portugal Private Consumption: % of GDP

• Portugal Private Consumption accounted for 64.1 % of its Nominal GDP in Dec 2024, compared with a ratio of 57.2 % in the previous quarter.
• Portugal Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 1995 to Dec 2024, with an average share of 64.3 %.
• The data reached an all-time high of 68.1 % in Dec 2016 and a record low of 57.1 % in Sep 2023.

CEIC calculates Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. Eurostat provides Private Consumption Expenditure in EUR and Nominal GDP in EUR.


Related information about Portugal Private Consumption: % of GDP

• In the latest reports, Portugal GDP expanded 1.8 % YoY in Jun 2019.
• Its Nominal GDP reached 63.1 USD bn in Dec 2022.
• Portugal GDP Per Capita reached 27,832.7 USD in Dec 2023.
• Its Gross Savings Rate was measured at 26.9 % in Sep 2024.

According to a survey conducted among senior business decision makers in restaurant services across Australia in September 2023, the leading tactic employed by restaurants to encourage consumer spending amid a reduction in customer discretionary spending was mobile ordering through QR code, with around 45 percent of respondents indicating implementing this. Limited time offers and promotions were the next most prevalent measure employed to stimulate consumer spending.

Kyrgyzstan GDP: Year to Date: Final Consumption Expenditure: Households data was reported at 711,191.900 KGS mn in Sep 2023. This records an increase from the previous number of 415,630.300 KGS mn for Jun 2023. Kyrgyzstan GDP: Year to Date: Final Consumption Expenditure: Households data is updated quarterly, averaging 183,324.700 KGS mn from Mar 2008 (Median) to Sep 2023, with 63 observations. The data reached an all-time high of 896,681.100 KGS mn in Dec 2022 and a record low of 33,789.500 KGS mn in Mar 2009. Kyrgyzstan GDP: Year to Date: Final Consumption Expenditure: Households data remains active status in CEIC and is reported by National Statistical Committee of the Kyrgyz Republic. The data is categorized under Global Database’s Kyrgyzstan – Table KG.A001: GDP: by Expenditure: Current Price.

Retail Sales in the United States increased 0.20 percent in February of 2025 over the previous month. This dataset provides - U.S. December Retail Sales Increased More Than Forecast - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Hungary - GDP and main components: Final consumption expenditure of general government was EUR6437.50 Million in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Hungary - GDP and main components: Final consumption expenditure of general government - last updated from the EUROSTAT on March of 2025. Historically, Hungary - GDP and main components: Final consumption expenditure of general government reached a record high of EUR6751.40 Million in September of 2023 and a record low of EUR3989.30 Million in June of 1998.

Kyrgyzstan GDP: Year to Date: Final Consumption Expenditure data was reported at 857,187.800 KGS mn in Sep 2023. This records an increase from the previous number of 514,013.100 KGS mn for Jun 2023. Kyrgyzstan GDP: Year to Date: Final Consumption Expenditure data is updated quarterly, averaging 226,369.100 KGS mn from Mar 2008 (Median) to Sep 2023, with 63 observations. The data reached an all-time high of 1,076,594.500 KGS mn in Dec 2022 and a record low of 41,186.900 KGS mn in Mar 2009. Kyrgyzstan GDP: Year to Date: Final Consumption Expenditure data remains active status in CEIC and is reported by National Statistical Committee of the Kyrgyz Republic. The data is categorized under Global Database’s Kyrgyzstan – Table KG.A001: GDP: by Expenditure: Current Price.

According to Cognitive Market Research, The Global Automotive Air Condition Compressor market size is USD 8512.2 million in 2023 and will expand at a compound annual growth rate (CAGR) of 4.20% from 2023 to 2030.

The demand for automotive air condition compressors is rising due to the growing emphasis on eco-friendly automotive technologies.
Demand for passenger cars remains higher in the automotive air condition compressor market.
The swash plate segment held the highest automotive air condition compressor market revenue share in 2023.
North American automotive air condition compressor will continue to lead, whereas the European automotive air condition compressor market will experience the most substantial growth until 2030.

Increasing Adoption of Air Conditioners in Passenger Vehicles Drives the Market Growth

The automotive air conditioning compressor market experiences robust growth, propelled by the rising adoption of air conditioners in passenger vehicles. As consumers increasingly prioritize comfort and climate control features, the demand for efficient air conditioning systems rises. This increase is particularly prominent in the passenger car market, driving producers to improve and extend their compressor range. The market is expected to expand due to progress in compressor technology, boosted disposable incomes, and changing ways of life. Improved driving experiences and the increasing importance of in-car comfort further strengthen the air conditioning compressors' contribution to promoting market growth.

For instance, in September 2023, Brose established an 800-volt climate compressor, enabling fast charging in under 30 minutes. Brose was the first to introduce this ground-breaking technology, initially in China.

(Source: www.brose.com/de-en/press/brose-innovation-in-series-production.html)

Advancement in Energy-Efficient Air Conditioning Compressors Drives Market Growth

Advancements in energy-efficient technologies fuel market growth in the automotive air conditioning compressor sector. The ongoing development of compressors that prioritize energy efficiency addresses environmental concerns and aligns with the automotive industry's shift toward sustainability. Manufacturers invest more in innovative compressor designs due to customer and regulatory pressure to provide eco-friendly solutions. These developments reduce energy consumption and environmental effects and improve cooling effectiveness. The market is experiencing growth as these energy-efficient air conditioning compressors become essential parts of modern vehicle air conditioning systems, driven by a commitment to sustainability and cost-effectiveness.

For instance, in March 2023, Sullair took a significant step in its carbon-neutral value chain by unveiling the E1035H electric portable compressor. This is aligned with Hitachi, Ltd.'s environmental goals, known as "Hitachi Environmental Innovation 2050."

(Source: america.sullair.com/en/news/sullair-announces-release-e1035h-electric-portable-compressor-part-long-term-climate-action)

Market Dynamics Of the Automotive Air Condition Compressor

High Costs Of Compressors and Their Component Management Hamper Market Growth

The high compressor and component maintenance prices are an obstacle to market growth in the automotive air conditioning compressor market. The expenditures related to the manufacture, procurement, and maintenance of compressors deliver hurdles, influencing the overall market expansion. Discovering ways to reduce these high costs becomes essential as manufacturers strive to balance cost-effectiveness and technical developments. Resolving these issues in the automobile air conditioning compressor industry is essential to retaining market development, maintaining competitiveness, and satisfying the needs of economic buyers and producers.

Impact of COVID-19 on the Automotive Air Condition Compressor Market

The COVID-19 pandemic severely harmed the automobile air conditioning compressor market. Manufacturing of automobiles was reduced due to downturns in production, interruptions in the global supply chain, and declined consumer spending on non-essential items. Air conditioning compressor demand decreased as fewer new automobiles were manufactured. Lockdowns and travel restrictions also impacted car sales and maintenance services, which contributed to the market'...

In September 2024, the core personal consumption expenditure (PCE) of the United States increased by 0.3 percent in comparison with the previous month. The core PCE is a measure of the prices paid by consumers for goods and services and can reflect changes in consumer behavior. The core PCE excludes food and energy - which experience high volatility - enabling an improved measure of inflation.

According to Cognitive Market Research, The Global Luxury Underwear market size will be USD 15.2 billion in 2023 and would expand at a CAGR of 6.2% from 2023 to 2030.

The demand for Luxury Underwear is rising due to increasing digital transformation.
Demand for Supermarkets/Hypermarkets Application Luxury Underwear remains higher in the Luxury Underwear market.
The Men’s Underwear Types held the highest Portable Beach umbrella market revenue share in 2023.
North America Luxury Underwear will continue to lead, whereas the Asia Pacific Luxury Underwear market will experience the most substantial growth until 2030.

Changing Consumer Preferences to Provide Viable Market Output

Changing consumer preferences are growing the growth of the Luxury Underwear Market as individuals increasingly prioritize comfort, style, and quality in intimate wear. The shift towards more casual and comfortable attire has elevated the importance of luxurious and well-crafted Underwear. Consumers seek brands that align with their evolving values, emphasizing self-expression and individuality. The demand for unique designs, premium materials, and innovative styles reflects the changing landscape of consumer expectations, driving luxury underwear brands to adapt and cater to a discerning market that values both functional and fashionable aspects in intimate apparel.

In February 2023, MAS Holdings collaborated with ByondXR, a renowned digital retail store software, to develop virtual showrooms that enhance the retail experience. This partnership enables MAS to present its latest collections to global brands in innovative virtual showrooms.

(Source:apparelresources.com/technology-news/manufacturing-tech/mas-holdings-joins-hands-byondxr-create-virtual-product-showrooms/)

Rising Disposable Income to Propel Market Growth

The rise in disposable income is a vital driver of the Luxury Underwear Market. As consumers experience an increase in income levels, they are more inclined to invest in premium and high-quality products, including luxury underwear. Elevated disposable income allows individuals to prioritize comfort, style, and quality in intimate wear, seeking brands that offer a superior and exclusive experience. Luxury underwear, being a symbol of status and prestige, becomes an attractive choice for consumers with higher spending capacity, driving the overall growth of the luxury segment in the underwear market.

In September 2023, the United States-based lingerie and lifestyle brand Victoria's Secret introduced its women's lingerie and sleepwear collections on its India e-commerce store. This move aims to provide Indian shoppers with access to the brand's complete product range.

(Source:in.fashionnetwork.com/news/Victoria-s-secret-launches-lingerie-range-on-india-website-for-first-time,1554822.html)

Market Dynamics of Luxury Underwear

Growing Counterfeiting and Fraud to Restrict Market Growth

The growing challenge of counterfeiting and fraud poses a significant threat to the Luxury Underwear Market. Counterfeit products, often mimicking the designs of reputable luxury brands, can undermine brand authenticity, erode consumer trust, and dilute the exclusivity associated with genuine luxury underwear. The proliferation of fraudulent items through various channels, including online platforms, creates a risk of consumers unknowingly purchasing counterfeit products. This not only impacts the revenue and reputation of authentic luxury brands but also hampers the overall integrity of the luxury underwear market, necessitating increased efforts in brand protection and anti-counterfeiting measures.

Impact of COVID–19 on the Luxury Underwear Market

The COVID-19 pandemic impacted the Luxury Underwear Market as lockdowns and economic uncertainties led to a temporary decline in consumer spending on non-essential items, including luxury apparel. Disruptions in supply chains and retail closures also affected sales. However, as restrictions eased, there was a gradual recovery driven by pent-up demand, increased online shopping, and a shift towards comfort-focused attire. Luxury underwear brands adapted by emphasizing online channels, virtual fittings, and promoting loungewear collections, aligning with changing consumer preferences during the pandemic and contributing to the market's eventual recovery. Introduction of Luxury Underwear

Luxurious under...

Saudi Arabia GDP: 2010p: sa: Consumption Expenditure: Private data was reported at 293,195.668 SAR mn in Sep 2023. This records an increase from the previous number of 282,679.934 SAR mn for Jun 2023. Saudi Arabia GDP: 2010p: sa: Consumption Expenditure: Private data is updated quarterly, averaging 226,387.025 SAR mn from Mar 2010 (Median) to Sep 2023, with 55 observations. The data reached an all-time high of 293,195.668 SAR mn in Sep 2023 and a record low of 156,759.234 SAR mn in Mar 2010. Saudi Arabia GDP: 2010p: sa: Consumption Expenditure: Private data remains active status in CEIC and is reported by General Authority for Statistics. The data is categorized under Global Database’s Saudi Arabia – Table SA.A010: GDP: by Expenditure: 2010 Price: Seasonally Adjusted.

Fashion & Accessories: This segment includes luxury brands, designer boutiques, and fashion accessories. It targets affluent travelers and accounts for a significant share of the market.Perfumes & Cosmetics: The segment encompasses a wide range of fragrances, skincare products, and makeup. It caters to both domestic and international travelers seeking beauty and grooming essentials.Liquor & Tobacco: This segment includes alcoholic beverages, tobacco products, and duty-free cigarettes. It benefits from the high demand among international travelers seeking tax-free shopping. Recent developments include: For Instance, August 2023 One of the world's largest duty-free retailers, Dubai Duty Free, partnered with Emirates Skywards, the loyalty program of Emirates Airline, to provide exclusive discounts and rewards to program members. This partnership strengthens customer engagement and incentivizes spending at duty-free shops., For Instance, September 2023 The acquisition of Paradies Lagardère Retail, a retail operator, was announced at a European airport by Travel retailer Hudson for €545 million. This acquisition significantly widens Hudson's footprint in Europe and strengthens its position as the leader in travel retail., For Instance, June 2023 cStore Essentials, a convenience store chain, was acquired by Stellar Partners, a US airport retailer, with locations in 11 airports. This acquisition permits Stellar to widen its portfolio beyond specialty retail and enter the lucrative convenience store market.. Key drivers for this market are: Increasing passenger traffic and globalization. Rise in disposable income and consumer spending.. Potential restraints include: Seasonality and dependence on travel trends. Competition from downtown retail and online shopping.. Notable trends are: Experiential retail and immersive shopping concepts. Personalization and tailored offerings based on traveler profiles..

Consumption Expenditure per Capita: Year to Date: Urban: Fujian: Sanming data was reported at 31,991.198 RMB in Dec 2023. This records an increase from the previous number of 23,808.000 RMB for Sep 2023. Consumption Expenditure per Capita: Year to Date: Urban: Fujian: Sanming data is updated quarterly, averaging 11,918.440 RMB from Mar 2008 (Median) to Dec 2023, with 63 observations. The data reached an all-time high of 31,991.198 RMB in Dec 2023 and a record low of 2,850.650 RMB in Mar 2009. Consumption Expenditure per Capita: Year to Date: Urban: Fujian: Sanming data remains active status in CEIC and is reported by Sanming Municipal Bureau of Statistics. The data is categorized under China Premium Database’s Household Survey – Table CN.HF: Consumption Expenditure per Capita: Prefecture Level City: Urban: Quarterly.

According to a survey in September 2023 about consumer spending on sustainable food products in India, 38 percent of the respondents were willing to pay 10 percent more for sustainably packaged food and drinks than conventionally packaged food products. On the other hand, four percent of respondents were willing to pay more than 100 percent for sustainably packaged food and beverages.