Sacci confirms tough trade conditions in January
The profits and viability of businesses are under pressure as they battle to pass rising input costs onto customers
13 February 2020 - 12:30
Trade was tough in January as well-over half of businesses experienced negative conditions — and do not expect things to improve in the coming six months.
A lack of business confidence, lower real disposable household income, job losses, and increases in administered prices, were a few of the factors weighing on trade conditions, according to the latest SA Chamber of Commerce and Industry (Sacci) trade conditions survey, released on Thursday...
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