The Consumer Vulnerability Index (CVI) for South Africa has been increasing since the third quarter of 2018. during the second and third quarters of 2020, the CVI rose to 55 from 51 recorded in the first quarter. This amounts to a 4% year-on-year increase in the third quarter of 2020. The CVI at 55, currently indicates a higher-than-average vulnerability score for households. A value below 50 would indicate a lower-than-average vulnerability. As far as the individual components’ vulnerability scores compared with a year ago are concerned, a slight improvement occurred in the growth of insolvencies. Other components remained at their levels recorded during most of 2019.
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