Momentum-Unisa Consumer Financial Vulnerability Index.
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Momentum-Unisa Consumer Financial Vulnerability Index - Tips to improve consumer financial resilience.
The overall state of South African consumers’ finances improved slightly in the third quarter of 2022 (Q3 2022) but remained under pressure. The Momentum-Unisa Consumer Financial Vulnerability Index (CFVI) increased from 48.9 points in Q2 2022 to a still sub-par 49.7 points in Q3 2022. The views in this report emanated from a survey among key informants, who attributed this prominent decline to steep rises in the prices of fuel and food products, loadshedding, increasing interest rates and low economic growth, coupled with limits to resources consumers could access or use to deal with their financial challenges.
The overall state of South African consumers’ finances improved slightly in the third quarter of 2022 (Q3 2022) but remained under pressure. The Momentum-Unisa Consumer Financial Vulnerability Index (CFVI) increased from 48.9 points in Q2 2022 to a still sub-par 49.7 points in Q3 2022. The views in this report emanated from a survey among key informants, who attributed this prominent decline to steep rises in the prices of fuel and food products, loadshedding, increasing interest rates and low economic growth, coupled with limits to resources consumers could access or use to deal with their financial challenges.
