Ghana reaches historic lows in CCI in 3 of the last 6 months
- Kyel Governor
- Jul 24, 2019
- 1 min read
KASI CCI down 4 points
Current economic conditions sub-index down 6 points
Economic expectations sub-index falls 3 points to +11
CCI scores were stable across all countries tracked by KASI except Ghana. Ghana’s CCI dropped significantly, returning to April’s historic low of -37 in June, after bouncing back by 27 points in May. Ghana’s decline in CCI performance negatively affected the overall CCI score as the overall score dropped from +8 to +4 in June.
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.
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