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South Africa confidence drops to 2018 low as consumers feel pain

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South African consumer confidence declined to the lowest level this year in the third quarter as the outlook for the economy and households’ financial prospects declined.

Wednesday 28, November 2018

(Bloomberg)--The index dropped to seven from 22 three months earlier, Johannesburg-based FirstRand Ltd.’s First National Bank retail-banking unit said in an emailed statement Wednesday. The University of Stellenbosch’s Bureau for Economic Research compiles the data on the lender’s behalf.

TAGS : FirstRand Ltd., First National Bank, University of Stellenbosch Bureau for Economic Research

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