Cash withdrawals rose by 9.06% year on year (y/y) in May after a 6.01% y/y gain in April and a 11.28% y/y jump in March‚ the latest Spark ATM Systems cash index released on Thursday showed. May Spark ATM cash index up 9.06%
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March retail sales growth to slow, despite February gains
Consumer spending and ATM cash withdrawals decreased marginally in April, following a spike in withdrawal activity during the March holiday period, according to the latest statistics released by Spark ATM Systems. South Africa ATM Cash Withdrawal Trends
Onttrekkings by kitsbanke het in April 2013 met 0,73% afgeneem, het Spark ATM Systems Maandag gesê. Onttrekkings by kitsbanke effens laer
Spending and cash withdrawals by South African consumers cooled in April, following a spike in withdrawals during the March holidays, according to the latest statistics released by South African ATM deployer, Spark ATM Systems. SA ATM cash withdrawals slack off after strong holidays
INFLATION as measured by the consumer price index (CPI) is expected to have increased to the top end of the Reserve Bank’s 3% to 6% target last month, signalling elevated price pressures at the end of the first quarter. ECONOMIC WEEK AHEAD: Inflation could hit top end of Bank’s target
CoreData predicts rapid rise in household wealth
The SCI revealed a month-on-month increase of 4.84% in average cash withdrawal figures for March 2013 to R465.04. This represents an 11.28% year-on-year increase. Public holidays fuel SA consumer spending in March
Automated teller machine (ATM) withdrawal activity did not bounce back as expected last month following the sharp drop in January‚ indicating that consumers are still under financial pressure‚ independent ATM deployer Spark ATM systems said on Monday. Feb ATM withdrawals did not bounce back: index
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Spark Cash Index
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