Consumer confidence recovers from record lows, but remains deeply negative
The third quarter reading remains the lowest since 1993, a recessionary period of great uncertainty just before SA’s first democratic election, FNB says
07 September 2020 - 12:35
Consumer confidence languished in negative territory during the third quarter of the year, despite a recovery from the historic lows reported during the worst of SA’s harsh Covid-19 lockdown.
The FNB/BER consumer confidence index (CCI) rose to -23 in the third quarter as economic restrictions eased, the bank said in a statement on Monday...
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