eNCA
JOHANNESBURG – Household finances in South Africa improved in the second quarter of the year, thanks to rising disposable income and easing debt costs. Real personal disposable income grew by 0.9 percent, supported by higher investment income and lower inflation, despite weak job growth. The debt-to-income ratio edged down to 62.4 percent, and debt servicing
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Household finances strengthen in Q2
JOHANNESBURG – Household finances in South Africa improved in the second quarter of the year, thanks to rising disposable income and easing debt costs. Real personal disposable income grew by 0.9 percent, supported by higher investment income and lower inflation, despite weak job growth. The debt-to-income ratio edged down to 62.4 percent, and debt servicing