Tanzania and Cameroon economy saw a considerable drop in their scores from 11 and 9 points, respectively, according to KASI Consumer Confidence Index (KASI CCI).

In July, the KASI CCI fell 4 points from +4 to 0.

The rest of the countries tracked by KASI did not see much movement in their CCI scores.

Ghana’s CCI slightly improved by 4 points to -33 while Nigeria’s CCI fell 5 points to +24.

The KASI Consumer Confidence Index (KASI CCI) provides a focused view on consumer perceptions in seven African urban centers (Ghana, Nigeria, Kenya, South Africa, Cameroon, Ivory Coast, Tanzania) where most spending in the continent is concentrated.

The survey provides a simple measure of consumers’ optimism about their economic prospects in the near term and attitude towards making major purchasing decisions.

It is released the first week of every month.