KZN Provincial Treasury Average Cash Withdrawal vs Prime Interest Rate2012-11-12 Latest statistics released by the Spark Cash Index (SCI)*, which measures the average value of cash withdrawals across more than 2 000 Spark ATMs throughout South Africa, recorded a positive month-on-month growth of 3.34% in average
cash withdrawal figures for September 2012, from R434.93 to R449.47, indicating that local consumers are starting to feel the positive effects of the interest rate cut which took place in July 2012. Click on below link to view Spark Cash Index: Spark Cash Index - 0.8 Mb
Dr Clive Coetzee
General Manager: Infrastructure Management and Economic Services
KZN Provincial Treasury
Economist (PhD UKZN)
033 897 4538 |
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