Consumer spending in South Africa Q1 2018- Q3 2023, by quarter
In the third quarter of 2023, consumers in South Africa spent an estimated 3.07 trillion South African rand in total, which demonstrates a continuous decline from the first quarter of 2023. The coronavirus pandemic had a noticeable impact on the wallets of South African consumers: during the second quarter of 2020, the household consumer spending amounted to about 2.4 trillion South African Rand.