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Changing consumer spending patterns...

Date Uploaded: May 07 2010 11:27


Given that we witnessed both the longest economic upswing (1999Q1 to 2008Q2) in real consumer spending since 1947, and the deepest recession in 25 years (in 2009), the last decade can be described as tumultuous times for the South African (and indeed global) consumer. This research note explores the relative performance of the different final consumption expenditure (FCE) categories over these turbulent times.