Sa Consumer Confidence Rebounds On Rate Cuts And Stronger Rand

5 Days(s) Ago   👁 51
 

Consumer sentiment in South Africa is showing signs of recovery, thanks to lower interest rates, soaring stock prices and a firmer rand.

The latest FNB/BER Consumer Confidence Index CCI extended its gains to reach negative 7 in the first quarter of the year, up from negative nine previously.

This marks the highest reading since the fourth quarter of 2024, when the introduction of the two-pot retirement system temporarily boosted household finances.

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