Retail Rebound: NIQ Unpacks SA’s Surprising Q1 Consumer Surge

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South Africans spent R173.6 billion on FMCG goods in Q1 — with volumes up 9.1%. Snacks, beverages and tobacco surged, while baby food and care declined. NIQ’s Lané Klopper breaks down the drivers behind the rebound, the rise of traditional trade, and why inflation may tighten the screws again in the second half of 2026

5 Jun 5AM English South Africa Business News · Investing

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