Delta sees firm consumer spending

DELTA Corporation (Delta) says consumer spending has remained firm despite the currency volatility and inflation witnessed lately in the economy.
High inflation is generally associated with reduced disposable income and a drop in consumer demand. The country’s annual inflation slowed to 101,3 percent in July from 175,8 percent in June as the local currency firmed against the greenback.
“There has been a general increase in the use of foreign currency for domestic transa