Household Spending
latest news & developments
South Africans set to get wealthier in next eight years
Research forecasts a 12.5% average annual growth in household wealth.
SA household expenditure on the rise
South African household expenditure increased 24.6% between 2005/2006 and 2010/2011, Stats South Africa said.
Rising oil prices could affect households
Our high household debt-to-income ratio means that price increases across the board could keep us in a position of financial vulnerability.
SA household spending increases
Spending in South Africa’s economy increased in the first quarter of 2010, the central bank said on Thursday in its June quarterly bulletin.
SA household spending recovers in fourth quarter
South Africa’s household spending grew by an annualised 1,4% in the fourth quarter of 2009.