SA consumers optimistic about income growth, but worry about inflation.
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GUEST – Ayesha Hatea, Director of Research and Consulting at TransUnion
TransUnion’s Consumer Pulse Study reveals South Africans remain financially resilient, making strategic financial adjustments amid inflation concerns and shifting credit trends
36% of consumers planning to take out a new car loan or lease within the next year prefer hybrid vehicles, reflecting a growing inclination towards fuel-efficient and environmentally friendly transportation options
79% of consumers expect their income will grow in the coming months
82% of respondents are extremely or very concerned about inflation, with rising costs continuing to be a major stressor for consumers as they navigate household budgeting and financial planning.
TransUnion’s Consumer Pulse Study reveals South Africans remain financially resilient, making strategic financial adjustments amid inflation concerns and shifting credit trends
36% of consumers planning to take out a new car loan or lease within the next year prefer hybrid vehicles, reflecting a growing inclination towards fuel-efficient and environmentally friendly transportation options
79% of consumers expect their income will grow in the coming months
82% of respondents are extremely or very concerned about inflation, with rising costs continuing to be a major stressor for consumers as they navigate household budgeting and financial planning.