We assess the impact of the 2019 National Budget on the consumer wallet. In our view, the National Budget may have a limited impact on the consumer wallet, and we revise our growth forecast downwards from 3.1% to 3.0% y-y to reflect this.


We assess the impact of the 2019 National Budget on the consumer wallet. In our view, the National Budget may have a limited impact on the consumer wallet, and we revise our growth forecast downwards from 3.1% to 3.0% y-y to reflect this.