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FNB consumer confidence recovers to five year high

File: Cocaine with razor blade and bank note.
The Colchester clinic in the Eastern Cape is dilapidated, with a collapsed ceiling, shattered windows and no doors.
JOHANNESBURG – In a week when interest rates are expected to finally start coming down, The FNB Bureau for Economic Research Consumer Confidence Index has jumped to its second highest reading since 2019.
READ: Discussion | Impact of MPC decision on exchange rates
It went from -10 index points to -5 in the third quarter of the year.
The Chief Economist at FNB, Mamello Matikinca-Ngwenya discussed this with eNCA. 

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