Soaring food and fuel prices have been highlighted as two of the major risk factors that will continue to affect consumer financial vulnerability in the medium term and have markedly worsened consumers’ finances in the second quarter of 2022.
This is according to the Momentum-Unisa Consumer Financial Vulnerability Index released last week which said consumer finances have “crumbled under the pressure of rising prices and interest rates”...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.
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