South Africa records worst quarterly contraction in first quarter of 2019
- Kyel Governor
- Jun 21, 2019
- 1 min read
KASI CCI up 6 points
Consumer confidence in current economic conditions improves significantly by 9 points
Economic expectations continues to improve, reaching a CCI score of +14
Optimistic trends continue as individual index scores improve in all countries tracked by KASI. Ghana’s CCI experienced the largest improvement, moving up 27 points, from a CCI score of -37 in April to -10 in May. Ghana’s improvement in CCI performance spurred the overall CCI score up from +2 in April to +8 in May. This is the largest increase in the overall CCI score since October 2016
Source: KASI Insight
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Kyel Governor, Junior economist, KASI Insight
info@kasiinsight.com
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The KASI Consumer Confidence Score (KASI CCI) is a composite index compiled from a seven-questions survey that runs monthly via our consumer polls in the countries covered. The data output is based on fresh, randomly selected representative sample of city dwellers aged 18-64.
Released the first week of every month, the KASI Consumer Confidence Index (KASI CCI) provides a focused view on consumer perceptions in seven African urban centers (Ghana, Nigeria, Kenya, South Africa, Cameroon, Ivory Coast, Tanzania) where most spending in the continent is concentrated. The survey provides a simple measure of consumers’ optimism about their economic prospects in the near term and attitude towards making major purchasing decisions.
Learn how to access and receive CCI data
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