Consumer confidence plunges to three-decade low

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

South Africa Headlines News

Consumer sentiment is expected to weaken more given the worsening inflation and interest rate outlook, FNB says

Consumer confidence tumbled to its lowest level in more than three decades, a survey has shown on Wednesday.

Having already slipped from -9 to -13 index points during the first quarter of 2022, the FNB/BER Consumer Confidence Index plunged to -25 in the second quarter of 2022. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FNB Pay hits over R1bn in monthly transactions.FNBSA sees mobile digital wallet transactions soar as customers opt for scan-to-pay options. FNBPay DigitalWallet DigitalEconomy
Source: ITWeb - 🏆 45. / 51 Read more »

SA consumer confidence plungesConsumer confidence levels in South Africa has plunged to -25 in the second quarter of 2022 as the local and global economic outlook sours in the wake of spiking inflation and the fallout from the Russia-Ukraine conflict. Moneyweb economy
Source: Moneyweb - 🏆 5. / 77 Read more »

Business Maverick: US Consumer Confidence Hits 16-Month Low on Drag From InflationUS consumer confidence dropped in June to the lowest in more than a year as inflation continues to dampen Americans’ economic views.
Source: dailymaverick - 🏆 3. / 84 Read more »

Declines continue in construction sector, as state’s infrastructure projects delay | CitypressSigns of confidence and activity in the country’s construction sector were waning. Not only was confidence low but incomes also took a knock, dropping 2.4% between 2017 and 2020 I was scammed through Bitcoin couple of months ago, I started hating Bitcoin until I was introduced to Allison_Grillo, and I gave Bitcoin trading another try, I successfully withdrew $35,000 after two weeks of trading, am so grateful Allison_Grillo thank you. ɪ'ᴍ ɴᴏ ᴇxᴘᴇʀᴛ ɪɴ ᴛʀᴀᴅɪɴɢ ʙᴜᴛ ɪ ʜᴀᴅ ɢᴏᴏᴅ ɢᴜɪᴅᴀɴᴄᴇ ᴡɪᴛʜ mamats38 ᴀɴᴅ ʜer ᴛᴇᴀᴍ, ɪᴛ'ꜱ ʙᴇʏᴏɴᴅ ᴇʏᴇ ᴏᴘᴇɴɪɴɢ, ᴡɪᴛʜ ᴛʜᴇꜱᴇ ᴛᴇᴀᴄʜɪɴɢꜱ ᴀɴᴅ ᴛʀᴀᴅɪɴɢ ꜱᴋɪʟʟ, I'ᴠᴇ ʜᴀᴅ ɴᴏᴛʜɪɴɢ ʙᴜᴛ ᴄᴏɴᴛɪɴᴜᴇᴅ ꜱᴜᴄᴄᴇꜱꜱ.
Source: City_Press - 🏆 7. / 72 Read more »

Australian chain store pauses facial recognition trialConsumer group complains intrusive technology is potentially in breach of privacy laws
Source: BDliveSA - 🏆 12. / 63 Read more »

Australian chain store pauses facial recognition trialConsumer group complains intrusive technology is potentially in breach of privacy laws
Source: BDliveSA - 🏆 12. / 63 Read more »