South African consumer confidences dips into negative territory

JOHANNESBURG (Reuters) - South Africa's consumer confidence fell back into negative territory in the first quarter of 2015, weighed down mainly by chronic power shortages that have blighted the economic outlook, a survey showed on Wednesday. The index fell to -4 points in Q1 2015 after being flat in the fourth quarter of last year, as confidence levels among high and middle income households dropped, compilers First National Bank (FNB) and the Bureau for Economic Research said. ...