South African consumer confidence rebounds, but remains deeply depressed

“The FNB/BER Consumer Confidence Index posted a 10-point rebound in the third quarter of 2020, to -23. In the previous quarter, it had crashed 24 points to a 35-year-low of -33. Aside from that blow-out, the index is at levels last seen in 1993, suggesting that consumer confidence has been all but shattered.”

via Daily Maverick