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Consumer confidence dips in August, reversing last month’s gains

Sandra Beldine Otieno, MSc

September 17, 2024

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  • In August, consumer confidence in Africa declined by 4 points following a month of rising optimism. This dip was driven by a 5-point drop in the future expectations index and a 3-point decline in the current conditions index.

  • Household indices showed a sharp decline in August, marking a …

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