Steno Research

Steno Research is a new macro and geopolitical research house. We are based out of Copenhagen, Denmark, but have an international team and a strong network of sources and partners around the world. The team is lead by Andreas Steno, previous global head of strategy at Nordea Bank, and Mikkel Rosenvold, former chief consultant in the Danish Ministry of Finance.

Macro and Geopolitical Research House

Political Analyst | Steno Research, Steno Research

Anne Sandager

Political Analyst | Steno Research

Macroeconomics

<ul><li>Cautious but promising signs emerge from China’s consumer demand landscape.</li><li>According to China’s statistics bureau, consumer prices saw a 0.7% increase year-on-year in February, marking the first rise since August.</li><li>The extended Lunar New Year holiday period, spanning 8 days instead of the usual 7, nearly matched pre-pandemic domestic spending levels.</li></ul>

Cautious but promising signs emerge from China’s consumer demand landscape.According to China’s statistics bureau, consumer prices saw a 0.7% increase year-on-year in February, marking the first rise since August.The extended Lunar New Year holiday period, spanning 8 days instead of the usual 7, nearly matched pre-pandemic domestic spending levels.

Explainer: the 3 faces of Chinese consumer pessimism