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China logs 845 million trips during Qingming Festival holiday
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China recorded an estimated 845.38 million passenger trips during the three-day Qingming Festival holiday, up 6 percent year on year, according to the Ministry of Transport. Memorial services saw nearly 19.29 million visits, while tourism revenue surged in multiple provinces. The overlap with school spring breaks fueled long-distance family travel.
Christian Gaxiola, general manager of Bimbo Colombia, stated that Marinela's iconic Pingüinos now distribute to more than seven countries. On International Penguin Day, the company shared data on bread consumption in Colombia and plans for 2026, marking 30 years in the country.
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Seville's Feria de Abril 2026 opens on Monday as its most expensive edition yet, with drink and food prices 8-10% higher than last year. The city council has spent a record 4.5 million euros, while private caseta consumptions exceed 22 euros for a ham plate and 17 euros for a rebujito jug. Business owners blame rising product costs, staff shortages, and labor expenses.
The National Alliance of Small Merchants (Anpec) reported that the average price of the basic food basket rose 1.29% in January 2025 compared to December 2024, reaching 2,046.45 pesos. This 25.98-peso increase affects 44 essential products. The most impacted states include Yucatán and Querétaro with rises over 8%.
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Government data showed Japan's household spending rose 2.9% year-on-year in November, defying forecasts of a 0.9% decline. The increase, driven by automobile-related expenses and dining out, indicates a steady recovery in private consumption.
The National Electric Energy Agency (Aneel) announced that the tariff flag for January 2026 will be green, with no extra costs on electricity bills for Brazilian consumers. This follows eight months of yellow and red flags, due to maintained rainfall and hydroelectric reservoir levels in November and December. The last green flag was applied in April 2025.
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Starting January 1, 2026, gasoline and diesel prices in Mexico will increase due to the annual update of the Special Tax on Production and Services (IEPS), as announced by the Secretariat of Finance and Public Credit (SHCP). This adjustment is based on the National Consumer Price Index (INPC) for November 2025, which stood at 142.645 points.
Economist warns inflation complicates government's economic plan
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