DStv Channel 403 Thursday, 14 November 2024

FNB consumer confidence recovers to five year high

JOHANNESBURG - In a week when interest rates are expected to finally start coming down, The FNB Bureau for Economic Research Consumer Confidence Index has jumped to its second highest reading since 2019.

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It went from -10 index points to -5 in the third quarter of the year.

The Chief Economist at FNB, Mamello Matikinca-Ngwenya discussed this with eNCA. 

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