Increased borrowing drives shopper spending

Shoppers are increasingly turning to borrowed cash after the first growth in overdrafts and personal loans for five years, figures showed today.

Italian consumer confidence falls to record low in Nov

ROME (Reuters) - Italian consumer confidence has hit a record low this month, battered by a bleak economic outlook and squeezed family finances, data showed on Monday.

China: Inflation jumps as economy slows

ANAHEIM, CALIF. (CNNMoney) -- After four straight months of declines, consumer price inflation has finally edged up in China.