FMCG and Tech & Durable goods saw a 4.1% YoY increase in value in Q3 2024, driven primarily by FMCG growth, while Tech & Durable goods recovered after experiencing flat growth in previous quarters. FMCG spending totaled R183 billion, with Tech & Durable goods reaching R31 billion in value.
Tag: FMCG
State of the Retail Nation Q3: Consumer confidence starts to recover ahead of Black Friday
South Africa’s Tech & Durables market experiences solid sales growth in value and units YTD. FMCG sales rise 2.6% year-over-year. Value of private label FMCG sales on track to reach R100 billion.
NIQ South Africa releases FMCG and Tech Durables sales data for Q2 2024
FMCG trade grows 3% year-over-year to R303 billion for the first half of 2024