Chinese handset makers have also entered a «down cycle,» the letter said, driven
by weaker domestic demand.
Not exact matches
The affluent city - state's economy has been hobbled
by dwindling exports amid stubbornly
weak global
demand, while
domestic consumption has also remained anemic with entire floors at some central shopping malls empty.
Business investment is inhibited
by the low prices for Canadian crude and
weak domestic demand.
Weak domestic consumption simply is not generating the necessary
demand to absorb added manufacturing capacity created
by ever - rising investments.
For me the main information coming out of CPI inflation data is that consumer
demand relative to total production continues to be too
weak to drive up prices, something confirmed earlier this week
by the August trade numbers, which failed to suggest strong growth in
domestic demand.
That suggests that
weak domestic demand is becoming an increasingly significant source of disinflationary pressure, adding to the impact from falling world energy prices and the end of a period of administered price rises as governments sought to repair their finances
by increasing revenue from sales taxes and charging more for services such as health care.
Domestic demand has been held back
by weak consumption, which fell
by 2.6 per cent over the year to the December quarter in response to restrictive measures introduced in 2002, aimed at slowing the previously very strong rates of growth in consumer credit.
In contrast, the Bank of Korea reduced interest rates
by 25 basis points in November, for the second time in six months, reflecting continued
weak domestic demand and a rising exchange rate.
Growth and confidence remain elusive for small firms Challenging
domestic conditions, access to finance and
weak consumer
demand are taking their toll on the optimism of small firms according to the latest data from the «Voice of Small Business» Index, which shows confidence fell
by 5.8 points.
Acutely aware of the car industry's recent sales plunge and
weaker domestic demand, government officials are hoping this new initiative will boost sales and new investment once again and discourage carmakers from scaling back their production
by shifting to a new market.