Consumer confidence in South Africa ends record plunge and rises slightly in May

shopping22

  • KASI consumer-sentiment index rose 3.6% percentage points in May from -84 to -81
  • Stimulus and partial reopening have boosted optimism about a general economic recovery
  • Depressing job market sentiment continues to weigh heavily on discretionary spending

May 2020 Release: The month of May saw a +3 point …

This content is premium. Already a subscriber? Log in

Please subscribe and get a 30 day free trial to read the full article.

Monthly Subscription

$29.99

Continue

Yearly Subscription

$329.99

Continue

Recent posts

See all

Yannick Lefang, Eng

El Niño 2027: Why Rising Consumer Confidence May Not Mean Rising Spending

Alison Okatch

Africa’s supply chains are becoming part of the consumer equation

Yannick Lefang, Eng

African consumer confidence rebounds as expectations improve, but current conditions remain weak

Subscribe to our free newsletter