• O&A Team
• August 17, 2022
• Business
• consumer spending, First National Bank, John Loos, Retail malls
• 0 Comments

Higher inflation, creeping interest rates and shrinking disposable income was already impacting on consumers in June – and this is without factoring in the massive fuel price hikes in July, a Statistics South Africa report has demonstrated. The state statisticians reported the steepest decline in retail activity since January 2021 with a 2.5% decrease in June 2022 over the same …