Consumer Confidence
latest news & developments
South Africa’s economy shrinks by 0.3% in the third quarter
Economists incorrectly predicted a slight uptick in GDP
Reserve Bank expected to cut interest rates marginally as inflation moderates
Better than expected inflation outcomes domestically and globally back the case for the central bank to cut the repo rate to 8%, economists said This content is restricted to…
Consumers dipping into trusts amid financial strain
With interest rates at a 14-year high, many South Africans have depleted their emergency savings
Depressed consumer sentiment lifts slightly
The improvement in confidence was helped by the change in attitude of affluent consumers, who were spooked by severe load-shedding and the Russian cargo ship debacle in the…
Energy crisis factors into SA credit trends
Financial conditions are tight but demand for credit has remained robust in the face of interest rate hikes
Relief: Government must guard SA’s poor against inflation’s assault
It could prove difficult for government to loosen its grip on the public purse, but economists say the current extraordinary circumstances require intervention
Consumer health improves but consumers are not yet clear— Transunion
The appreciation of the rand, low food inflation and stable interest rates have been positive for consumer confidence.
Consumer fears hurt the economy
The recession is ‘entirely home-made’ and could be deepened by widespread political uncertainty
Economic week ahead: Chinese data to dominate
A slew of data from China and central bank decisions in the UK, Australia and Kenya will likely dominate this week’s economic news.
Consumer confidence hits nine-year low
Consumer confidence plunged to a nine-year low during the first quarter of this year‚ signalling that household spending would be subdued this year.
Consumer confidence remains weak
FNB and the Bureau for Economic Research have reported that consumer confidence increased slightly in the third quarter.
Increased ATM withdrawals point to rise in consumer confidence
The average value of cash withdrawals across more than 1 500 ATMs throughout South Africa grew 6.77% year on year for June.
Consumer confidence up slightly
The consumer confidence index rose marginally by one index point for the fourth quarter of 2011, according to the Bureau for Economic Research.
Consumer confidence drops sharply
The consumer confidence index plunged seven points in the third quarter of 2011 as sentiment about the economy worsened.
Consumer confidence rises to 2009 levels
According to the MasterCard Worldwide Index of Consumer Confidence, South Africa’s consumer confidence has risen to levels last seen in 2009.