South Africa's consumer confidence index rebounds to pre-pandemic levels, rising from -10 to -5 points in Q3.

South Africa's consumer confidence index has rebounded to pre-pandemic levels, improving from -10 to -5 points in the third quarter, according to a survey by First National Bank and the Bureau for Economic Research. This increase is linked to positive developments such as lower inflation, improved electricity supply, and a stronger currency. However, low-income households remain vulnerable due to persistent financial challenges.