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indicating that the majority of South African consumers expect their household finances to improve over the next 12 months. The Bureau for Economic Research (BER) noted in the CCI publication that “the majority of middle-income consumers anticipate a further improvement in their household finances”. PwC expects a 6.3%
Jun 8, 2021 · The South African economy grew by 1.1% in the first quarter of 2021, translating into an annualised growth rate of 4.6%, data published by StatsSA on Tuesday (8 June) shows.
• The South African economy grew faster than expected in the first half of 2021, but this momentum is expected to wane following public violence in July, port and rail disruptions, and the third wave of COVID-19 infections. • Real GDP is forecast to grow by 5.1 per cent in 2021. Output is expected to return to pre-pandemic levels in 2022,
Jun 30, 2021 · Household finances will improve marginally during the year as disposable income will be supported by the gradual recovery in economic activity, Nedbank economists said in a research note this week.
Bank’s (SARB) forecasts for South Africa’s GDP in 2021 boosted by about half a percentage point as a result of global developments. Following the wild gyrations in quarterly output in 2020 (Q2: -51.7%; Q3: 67.3%; Q4: 6.3%), the South African economy . is expected to grow by 3.8% in 2021 before easing to growth
household budgets, spending and debt SOUTH AFRICA Q2 2021 TransUnion’s quarterly survey helps to understand how consumers’ personal finances have been impacted by the COVID-19 pandemic. The study measures changing consumer attitudes and behaviour based on the dynamics of income, debt and identity theft. The analyses and insights inform ...
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Aug 12, 2022 · The 2021 results for the adult population (aged 15 years and older) indicate that total income is estimated to have increased from a total value of R4.63 trillion in 2020 to R5.06 trillion, reflecting an increase of 9.2%. Cash flow income recorded an even higher growth rate of 10.2% during 2021, from R4.1 trillion in 2020 to R4.4 trillion in 2021.
