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/ 13 November 2007
South African consumers are expected to spend 12% more this holiday season, while Europeans might spend less to absorb food and energy price increases, the annual Deloitte year-end holiday survey said on Tuesday. Spokesperson Rodger George SA consumers still remained more optimistic about their economy than all the other countries surveyed.
No image available
/ 13 November 2007
Despite a cooling in optimism toward holiday spending, South African consumers still remain more optimistic about their economy than all the other countries surveyed in an annual Deloitte year-end holiday survey and are likely to spend 12% more than in previous years.