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Africa's consumer confidence rebounded by 10 points in May on lockdowns easing

Team Insights

July 2, 2020

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  • Kasi consumer-sentiment index rebounded by 10 points in May to -18 from its all-time low of -28 recorded in April. The consumer-expectations index and current-economic conditions index recovered by 9 and 10 points respectively, leading to the overall improvement of consumer sentiment.
  • Household spending rebounded by 18 …

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