Is LSM a good indicator of poverty?

Is LSM a good indicator of poverty?

  • Fact: #

60% of households in South Africa are in LSMs 1 to 5 corresponding to 6.3 million households. Within this segment, 1.7 million households have a per capita income of more than R20 per day. (AMPS2005A, Eighty20 analysis)

This week’s theme: The fortune at the bottom of the South African pyramid

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