ZANDILE MAKHOBA | Consumer spending defies low confidence with 3.2% rise

TimesLive | 07.12.2025 05:00
We’ve looked at the latest consumer confidence numbers with some nervousness, given the significance of household consumption expenditure on overall GDP. By the Bureau for Economic Research (BER) measure, households remain significantly cautious in the current climate, reluctant to commit to large purchases and showing general pessimism about economic prospects.