The RMB/BER business confidence index in South Africa fell 3 points to 28 in the first quarter of 2019, from 31 in the previous period. It is the weakest confidence since Q2 2017 as deterioration was observed in four out of the five sectors: construction, retail, wholesale, manufacturing and new vehicle trade. Business Confidence in South Africa averaged 43.74 Index Points from 1975 until 2019, reaching an all time high of 92 Index Points in the third quarter of 1980 and a record low of 12 Index Points in the fourth quarter of 1977.

Business Confidence in South Africa is expected to be 30.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in South Africa to stand at 32.00 in 12 months time. In the long-term, the South Africa Business Confidence is projected to trend around 45.00 Index Points in 2020, according to our econometric models.

South Africa Business Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2018-06-13 10:30 AM Business Confidence 39 45 40
2018-09-11 11:50 AM Business Confidence 38 39 30
2018-11-27 10:00 AM Business Confidence 31 34 40
2019-03-13 10:10 AM Business Confidence 28 31 30
2019-06-13 10:30 AM Business Confidence 28 25
2019-09-11 11:50 AM Business Confidence 30
2019-11-27 10:00 AM Business Confidence 32


South Africa Business Last Previous Highest Lowest Unit
Business Confidence 28.00 31.00 92.00 12.00 Index Points [+]
Manufacturing PMI 46.20 49.90 60.87 35.09 [+]
Industrial Production 0.30 0.00 18.50 -23.20 percent [+]
Industrial Production Mom -2.00 1.00 9.10 -8.70 percent [+]
Capacity Utilization 81.40 81.30 86.20 76.90 percent [+]
Changes in Inventories -53932.00 14456.00 66699.00 -59774.00 ZAR Million [+]
Bankruptcies 139.00 141.00 511.00 63.00 Companies [+]
Total Vehicle Sales 43251.00 42355.00 65689.00 18482.00 [+]
Car Registrations 27000.00 29040.00 42915.00 5155.00 [+]
Leading Economic Index -0.50 -0.10 4.70 -3.70 percent [+]
Internet Speed 6736.79 6595.61 6736.79 685.91 KBps [+]
IP Addresses 4274668.00 3727821.00 6727656.00 520279.00 IP [+]
Steel Production 521.20 422.90 885.00 182.00 Thousand Tonnes [+]
Mining Production -3.30 -4.10 23.20 -17.40 percent [+]
Coincident Index 93.40 95.10 141.17 88.12 Index Points [+]
Competitiveness Index 60.76 60.86 60.86 4.31 Points [+]
Competitiveness Rank 67.00 62.00 67.00 35.00 [+]
Composite Pmi 50.20 49.60 52.70 46.40 [+]
Ease of Doing Business 82.00 82.00 82.00 32.00 [+]
Electricity Production 20909.00 20386.00 23801.00 10439.00 Gigawatt-hour [+]
Corruption Index 43.00 43.00 56.80 41.00 Points [+]
Corruption Rank 73.00 71.00 73.00 23.00 [+]


South Africa Business Confidence

In South Africa, the BER Business Confidence Index covers 1,400 business people in the building sector, 1,400 in the trade sector and 1,000 in manufacturing. The survey assesses the level of optimism that senior executives in the companies have about current and expected developments regarding sales, orders, employment, inventories and selling prices. The index varies on a scale of 0 to 100, where 0 indicates an extreme lack of confidence, 50 neutrality and 100 extreme confidence. This page provides - South Africa Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Business Confidence - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
28.00 31.00 92.00 12.00 1975 - 2019 Index Points Quarterly




Country Last Previous
Australia 2.00 Feb/19
Brazil 61.90 Mar/19
Canada 50.60 Feb/19
China 49.20 Feb/19
Euro Area 0.69 Feb/19
France 103.00 Feb/19
Germany 98.50 Feb/19
India 116.20 Mar/19
Indonesia 104.71 Dec/18
Italy 101.70 Feb/19
Japan 19.00 Dec/18
Mexico 51.30 Feb/19
Netherlands 6.30 Feb/19
Russia -2.00 Feb/19
Saudi Arabia 3.00 Jun/16
Singapore -14.00 Dec/18
South Africa 28.00 Mar/19
South Korea 69.00 Feb/19
Spain -4.90 Feb/19
Switzerland 92.40 Feb/19
Turkey 97.20 Feb/19
United Kingdom -23.00 Mar/19
United States 54.20 Feb/19


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