Consumers across all income groups are worried about rising inflation, the prospect of further increases in lending rates, and looming fuel price hikes. The latest survey of consumer attitudes and expectations, released this week, has revealed an alarming drop in consumer confidence in the year ahead.

High-income households — those earning more than R20,000 — anticipate a deterioration in their household finances particularly as a result of the country’s low economic growth rate...

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.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.