News Formal

Middle class cracks: Italtile under pressure as high interest rates and inflation bite | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 80%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

SA's largest tile retailer Italtile has warned of a double-digit slide in full-year earnings and a fall in sales volumes, saying on Monday a combination of high interest rates, elevated inflation and unemployment are heaping pressure on homeowners.

SA's largest tile retailer Italtile has warned of a double-digit slide in full-year earnings and a fall in sales volumes, saying on Monday a combination of high interest rates, elevated inflation and unemployment are

heaping pressure on homeowners.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 4. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

ESKOM UPDATES | Stages 1 to 3 load shedding to continue until Monday | BusinessESKOM UPDATES | Stages 1 to 3 load shedding to continue until Monday | News24_Business
Källa: News24 - 🏆 4. / 80 Läs mer »

Music festivals try to save the planet, one recycled tent at a time | BusinessAs extreme heat hits Europe, there is renewed focus on the environmental sustainability of the music festival industry. | News24_Business
Källa: News24 - 🏆 4. / 80 Läs mer »