*Poland June Industrial Output Up 1.2% On Year, Consensus 4.1%
Euro Slips Against Most Majors
News: 2012-07-18 11:54:00 UTC+00

South African Consumer Sentiment Weakens In Q2: BER

South Africa's consumer confidence deteriorated in the second quarter as households' views of both their personal finances and the country's economy tuned more pessimistic, data from a survey by the Bureau for Economic Research (BER) showed Wednesday.

The headline consumer confidence index dropped to -3 in the second quarter from 5 in the first quarter. The latest reading indicated that sentiment has hit the lowest level since absorbing the serial shocks of early 2008.

Consumers' expectations of prospects for the national economy, the outlook for their own finances and the appropriateness of the present time to buy durable goods all deteriorated notably during the latest survey period, the agency said.

Published: 2012-07-18 11:54:00 UTC+00 11 months, 19 hours, 36 min. ago
 
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