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SA households were R1.2 trillion poorer in the three months to end June.

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South African households were collectively R1.23 trillion poorer in the three months to the end of June, when compared to the corresponding period in 2021.
This is according to the latest Momentum-Unisa Household Wealth Index report, which tracks the wealth of households based on subtracting the value of their outstanding debt from the value of their assets.
The index found that households’ wealth dropped by R1.23 trillion to R15.75 trillion for the period.

18 Aug 2022 1AM English South Africa Business News · Investing

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