SA consumers confidence at 5-year high on looming low-rate environment, cashing Two-Pot savings: FNB survey

By Siphelele Dludla | Published 16h ago

FNB said the deceleration in inflation from 6% in 2023 to 4. 6% by July, the introduction of the two-pot retirement system and a strong likelihood of an interest rate cut by this week will bolster real disposable income, and hence the ability of consumers to spend.