PayInc Economic Index slows by 0.9% in June

Economic activity slowed in June. That's according to The PayInc Economic Index which hit 102.4 index points in that month – the lowest level it's been since November last year. It was down 0.9 percent on the previous month.

Although, on a year-on-year basis, the Index was still 2.5 percent higher than June 2025. Independent economist, Elize Kruger, says the latest data is not surprising, given the adverse effects of higher fuel prices experienced in the second quarter of this year.

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