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Covid resurgence in parts of Asia drags down consumer spending CNBC 18 hrs ago Asia is seeing weakness in retail sales as sporadic Covid outbreaks continue in multiple countries. Lloyd Chan of Oxford Economics said the bumpy and rather uneven recovery in consumer spending was largely attributable to the ongoing pandemic. Compared to developed countries in the West, most Asian nations have been slow in inoculating their populations largely due to reasons such as a lack of excess to vaccinations. © Provided by CNBC View of Pasar Baru Traditional Market during the Covid-19 Emergency Restrictions in Bandung. As consumer spending in China continues to lag in its economic recovery from the pandemic, a similar weakness in retail sales is being witnessed elsewhere in Asia.

Pasar baruSumatera utaraJawa baratTaimur baigLloyd chanMinistry of healthOxford economicsPasar baru traditional marketNorth asiaSoutheast asiaSouth asianEconomic chanபசார் பாருஜவ பாரத்தைமூர் பேக்லாயிட் சான்