{"id":14997,"date":"2025-11-11T08:20:00","date_gmt":"2025-11-11T06:20:00","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/sa-consumer-confidence-drops-sharply\/"},"modified":"2026-02-27T16:27:22","modified_gmt":"2026-02-27T14:27:22","slug":"sa-consumer-confidence-drops-sharply","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/sa-consumer-confidence-drops-sharply\/","title":{"rendered":"SA consumer confidence drops sharply"},"content":{"rendered":"<div>\n<p class=\"x_MsoNormal\"><span style=\"background-color: var(--global--color-background); color: var(--global--color-primary); font-family: var(--global--font-secondary); font-size: var(--global--font-size-base);\">South Africa&#8217;s (SA) consumer confidence has dropped sharply among middle-income households, reflecting worries about household finances and economic outlook.<\/span><\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">Experts say many consumers are heavily indebted, with a large proportion of their income going toward debt repayment, which leaves less for discretionary spending and investment.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">As the National Treasury prepares to table its medium-term budget policy statement, government faces the challenge of balancing tax revenue, economic growth, and social support.<\/p>\n<p>Debt busters say its latest debt index shows that consumers are under significant financial pressure.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">This data is derived from its debt review applicants which looks at the percentage of take-home pay they are expected to use to pay debt.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">&#8211;SABC&#8211;<\/p>\n<\/div>\n","protected":false},"featured_media":13745,"template":"","meta":{"_acf_changed":false},"news-type":[78,44],"class_list":["post-14997","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-featured","news-type-finance","entry"],"acf":{"short_description":"","published_date":null,"news_description":"Focus on household finances and economic outlook","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/14997","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/14997\/revisions"}],"predecessor-version":[{"id":19420,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/14997\/revisions\/19420"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/13745"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=14997"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=14997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}