South Africa Consumer Confidence Rises
South Africa consumer confidence improved to minus 13 points in the third quarter. Lower-income households drove the rebound despite ongoing economic uncertainty and higher fuel prices.
South Africa's consumer confidence index rose to minus 13 points in the third quarter from minus 19 in the second quarter. The survey, compiled by the Bureau for Economic Research, shows sentiment rebounding despite ongoing macroeconomic headwinds. The recovery highlights a divergence in spending power as lower-income households find relief from easing food inflation.
