Con­sumer con­fi­dence low

The Citizen (KZN) - - Business -

SA con­sumer con­fi­dence re­mained trapped at a two-year low and eco­nomic prospects are ex­pected to worsen.

The con­sumer-con­fi­dence in­dex stayed at -7 in the fourth quar­ter (Q4), FNB said. That’s still the low­est level since Q4 2017 and well off the record high of 26 when Cyril Ramaphosa took over as pres­i­dent two years ago.

SA busi­ness con­fi­dence is al­ready at the low­est in over three decades.

– Bloomberg

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