Despite South African consumer sentiment being similar to that in the 2008/09 recession, things are actually not as bad as they were then. A study released by Nielsen research says inflation levels are better, and so is consumer demand in certain categories.
“New retail sales data presents a far more positive picture of consumer spending realities,” notes the buying viagra uk newsletter
company in a media statement. “In fact, it’s clear that consumption figures were far worse in 2008/9, with overall pack sales declining by 7% and spend increasing by 5%. This is in contrast to the current situation, where annual spend is up by 9% and overall pack sales are up by 4%,” says spokesperson Craig Henry.
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