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Celestè Booysen
COORDINATOR: MARKETING AND COMMUNICATIONS
Tel: 021-808 9755
Email: cbooysen@sun.ac.za
The FNB/BER Consumer Confidence Index (CCI) dropped from a 15-month high of -7 in the first quarter of 2026 to -19 in the second quarter. The 12-point decline in consumer confidence indicates a notable reduction in consumers' willingness to spend as higher domestic fuel costs weighed on household budgets, particularly the high- and middle-income groups. These dynamics are likely to lead to a quarter-on-quarter contraction in real consumer spending during the second quarter of 2026, with discretionary spending expected to face substantial downward pressure.
