Wednesday 06 July 2022

CBS: household consumption up by 2% for fifth month running


Household consumption rose by 2.3% in August, the fifth consecutive monthly gain of more than 2% , the national statistics office CBS said on Friday.

Consumers spent more on household goods and clothing this August than they did a year earlier, the CBS said, adding that circumstances for continued growth were seen in October as well.

Spending on such sustainable goods rose by 6% in August.

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