/ 5 June 2022

Woolworths, Shoprite, Spar test consumers’ resilience with higher prices

Woolworths, Shoprite, Spar test consumers’ resilience with higher prices
Consumer confidence has rebounded from the low recorded in the second quarter, but it remains firmly within depressed territory. Photo: Waldo Swiegers/Bloomberg/Getty Images
High inflationary pressures are set to be put to consumers as retailers and food producers alike warn of impending storm

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