Consumer sentiment a tale of two SAs
Confidence returns in better-off households but the poor despair
04 July 2021 - 00:06
SA’s household finances are recovering quite rapidly from the damage done by the Covid crisis — but the latest economic data highlights just how unequal this is, with low-income earners hit much harder than better-off households.
And though economists are still quite bullish about prospects for this year's economic growth, the sharp surge in Covid cases and the latest level 4 restrictions could put a damper on growth and confidence levels, especially if the vaccine rollout doesn’t speed up sooner rather than later...
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