EPISODE · Jun 30, 2022 · 1 MIN
Consumers under pressure
from Die ekonomie minuut · host Waldo Krugell
This week I'm chatting about how the economy is doing. It's not a simple story of just good or bad - there are bright spots and worries. On the one hand, there seems to have been some momentum in consumption spending and economic growth in the first part of the year. But on the other hand, there are signs of a downturn amid rising inflation. The sharp decline in FNB and the Bureau of Economic Research's consumer confidence index in the second quarter reflects the concerns. * The Economics Minute is supported by the NWU Business School.
What this episode covers
This week I'm chatting about how the economy is doing. It's not a simple story of just good or bad - there are bright spots and worries. On the one hand, there seems to have been some momentum in consumption spending and economic growth in the first part of the year. But on the other hand, there are signs of a downturn amid rising inflation. The sharp decline in FNB and the Bureau of Economic Research's consumer confidence index in the second quarter reflects the concerns. * The Economics Minute is supported by the NWU Business School.
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Consumers under pressure
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