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SA Economic Activity Slumps as Costs Bite – May PayInc Index Explained

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Independent economist Elize Kruger breaks down the sharp 2.1% month-on-month drop in the PayInc Economic Index—the lowest reading since November. She unpacks how fuel price spikes, rising inflation forecasts, weakening confidence, and a 25bps rate hike are squeezing households and businesses. We also explore why the new vehicle market remains a surprising outlier and what South Africans should brace for in the months ahead.
10 Jun 4PM English South Africa Business News · Investing

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