FNB analyst advices consumers to regulate spending amid rising fuel costs

VAAL TRIANGLE - FNB analyst Ester Ochse has advised consumers to tighten spending amid fuel cost hikes. The bank fears stretched budgets will worsen with increased fuel expenses, impacting vehicle and public transport costs. This will likely lead to higher product prices, exacerbating consumer inflation and reducing purchasing power. Despite challenges, FNB expects the rand to improve post-election, potentially lowering inflation, interest rates, and boosting real disposable income in the latter half of the year.

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