Consumers spend R214bn during third quarter
Retail spend barometer shows 4.1% year-on-year growth
24 November 2024 - 18:04
Consumers spent R214bn on fast-moving consumer goods (FMCG) and technology and durable products in the third quarter of 2024, marking 4.1% year-on-year growth, according to the latest NIQ retail spend barometer.
This increase was driven by steady growth in FMCG sales and a recovery in the technology and durable sector after several stagnant quarters. ..
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