Financial services company TransUnion outlines just how South African consumers are making it to the end of the month.
New data from TansUnion’s Vehicle Pricing Index (VPI) shows that prices of new cars have accelerated year-on-year.
South African consumers shrugged off macroeconomic headwinds to remain optimistic about their financial prospects in the third quarter of 2022, research conducted by TransUnion shows.
Consumers in South Africa shrugged off macroeconomic headwinds to remain optimistic about their financial prospects in the third quarter of 2022, according to consumer credit reporting agency, TransUnion.
New data from consumer credit reporting agency TransUnion shows that credit originations continue to rebound amid a tough economic climate in South Africa.
New data from consumer credit reporting agency TransUnion shows that consumer demand for credit is surging, in spite of the second lowest consumer confidence levels in three decades, rising inflationary pressure and a high-interest rate environment.
Annual consumer inflation reached a 13-year high in South Africa, increasing to 7,8% in July, StatsSA data showed, leaving consumers in a vulnerable position financially amid the soaring cost of living.
New car prices continue to lag inflation, while used cars continue their trend of getting relatively more expensive, data from consumer credit reporting agency TransUnion shows.
South Africa’s automotive industry continued its recovery in the second quarter of the year, with the number of deals hitting levels last seen before the Covid pandemic struck, said consumer credit reporting agency TransUnion.
More than half of South African consumers (56%) say they will not be able to pay at least one of their current bills and loans in the next three months, according to research conducted by TransUnion in late May and…
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