10 Jan 2013 – Cash withdrawals rose in December


Cash withdrawals rose in December‚ according to the Spark Cash Index (SCI) which measures the average value of cash withdrawals across more than 2‚000 ATMs in SA.

The index rose 5.99% year on year to R485.07 in December from R457.67 in the same month in 2011. Spark said this indicated that consumer spending was more robust at the end of 2012.

Cash withdrawals rose in December: Spark index