Consumers get relief from drop in blackouts but battle with rising prices
Spending in certain fast-moving consumer goods and technical & durable markets rose, NIQ barometer shows
19 September 2024 - 05:00
SA consumers experienced a slight reprieve from a drop in load-shedding in the second quarter of 2024, leading to increased spending in certain fast-moving consumer goods (FMCG) and technical & durable (T&D) markets.
However, persistent inflation continues to strain household budgets, according to the latest NIQ Retail Spend Barometer, a report that combines data from NIQ and GfK to track retail sales countrywide...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.