Asia comprises 49 countries and territories, each with a distinct economic landscape. As the region undergoes rapid development, its expanding middle class is fueling consumer demand and economic ...

Indonesia’s Central Statistics Agency (BPS) recently announced that the middle class in the country is shrinking. In 2019, the total middle class population numbered 57.33 million. According to BPS’s ...

For decades, western companies looked to Asia for growth. They saw an opportunity to establish their brands with a rapidly-expanding middle class. But now, in many parts of Asia, the growth of that ...

Karishma Vaswani is a Bloomberg Opinion columnist covering Asia politics with a special focus on China. Previously, she was the BBC's lead Asia presenter and worked for the BBC across Asia and South ...

Much ink has been spilled over the damage of inflation, migration, demographic changes, and geopolitical tensions to the global economy. But one positive mega-trend that’s too often missing from the ...

Urban consumption hits two-year low, index shows Inflation at 14-month high; food inflation in double-digits Middle class frustration impacts Modi's election performance Fast-food chains report sales ...

What does it really mean to be middle class these days? The question sounds simple, yet the answer changes depending on whether you live in Massachusetts or Mississippi. For decades, the middle class ...

The concept of being middle class in America has shifted dramatically. What used to guarantee a comfortable lifestyle now barely covers basic expenses in many areas. With rising costs, changing ...