The RMB/BER business confidence index in South Africa decreased 3 points to 31 in the fourth quarter of 2018 from a downwardly revised 31 in the previous period. It was the weakest reading since the second quarter of 2017, as sentiment deteriorated among new vehicle dealers (15 from 22 in Q3) and building contractors (32 from 44). Meanwhile, confidence improved in three out of the five sectors, mainly among retailers (33 from 23). Business Confidence in South Africa averaged 44.49 Index Points from 1975 until 2018, reaching an all time high of 91 Index Points in the third quarter of 1980 and a record low of 10.20 Index Points in the third quarter of 1985.

Business Confidence in South Africa is expected to be 40.00 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 34.00 in 12 months time. In the long-term, the South Africa Business Confidence is projected to trend around 51.00 Index Points in 2020, according to our econometric models.

South Africa Business Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2018-03-14 11:10 AM Business Confidence 45 34 38
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
2019-03-14 11:10 AM Business Confidence 30
2019-06-13 10:30 AM Business Confidence 32
2019-09-11 11:50 AM Business Confidence 34


South Africa Business Last Previous Highest Lowest Unit
Business Confidence 31.00 34.00 91.00 10.20 Index Points [+]
Manufacturing PMI 49.50 42.40 60.87 35.09 [+]
Industrial Production 3.00 -0.10 18.50 -23.20 percent [+]
Industrial Production Mom 1.10 -0.80 9.10 -8.70 percent [+]
Capacity Utilization 81.20 81.10 86.30 76.90 percent [+]
Changes in Inventories 12744.00 -9149.00 59100.00 -58506.00 ZAR Million [+]
Bankruptcies 140.00 196.00 511.00 63.00 Companies [+]
Total Vehicle Sales 47486.00 51856.00 65689.00 18482.00 [+]
Car Registrations 31054.00 35050.00 42915.00 5155.00 [+]
Leading Economic Index -0.20 -0.50 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 543.30 572.90 885.00 182.00 Thousand Tonnes [+]
Mining Production 0.50 -2.00 23.20 -17.40 percent [+]
Coincident Index 96.10 95.80 141.17 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 48.20 46.90 52.70 46.40 [+]
Ease of Doing Business 82.00 82.00 82.00 32.00 [+]
Electricity Production 21947.00 20844.00 23801.00 10439.00 Gigawatt-hour [+]
Corruption Index 43.00 45.00 56.80 41.00 Points [+]
Corruption Rank 71.00 64.00 72.00 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
31.00 34.00 91.00 10.20 1975 - 2018 Index Points Quarterly




Country Last Previous
Australia 3.00 Nov/18
Brazil 63.20 Nov/18
Canada 57.20 Nov/18
China 50.00 Nov/18
Euro Area 1.09 Nov/18
France 105.00 Nov/18
Germany 102.00 Nov/18
India 64.90 Jun/18
Indonesia 108.05 Sep/18
Italy 104.40 Nov/18
Japan 19.00 Dec/18
Mexico 49.90 Nov/18
Netherlands 7.20 Nov/18
Russia -6.00 Nov/18
Saudi Arabia 3.00 Jun/16
Singapore -1.00 Sep/18
South Africa 31.00 Dec/18
South Korea 73.00 Nov/18
Spain -0.20 Nov/18
Switzerland 99.10 Nov/18
Turkey 92.80 Nov/18
United Kingdom -16.00 Dec/18
United States 59.30 Nov/18


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