The South Africa's SACCI business confidence index rose to 93.7 in April 2019 from a seven-month low of 91.8 in the prior month. It is the highest reading since January, as businesses foresee a more stable post-election policy environment. In particular, the focus on the economy increased in the run up to parliamentary and provincial elections which will take place on May 8th. In April, five of the thirteen sub-indices improved compared to March, namely the rand exchange rate against the major trading and investment currencies, higher share prices on the JSE, increased real value building plans passed, real retail sales and merchandise import volumes. Other positive contribution likely came from power utility Eskom which stopped blackouts during the month. Coincident Index in South Africa averaged 108.82 Index Points from 1985 until 2019, reaching an all time high of 141.17 Index Points in December of 2006 and a record low of 88.12 Index Points in April of 1985.

Coincident Index in South Africa is expected to be 93.60 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Coincident Index in South Africa to stand at 94.50 in 12 months time. In the long-term, the South Africa SACCI Business Confidence Index is projected to trend around 94.00 Index Points in 2020, according to our econometric models.

South Africa SACCI Business Confidence Index
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-06 09:40 AM SACCI Business Confidence 95.1 95.2 94.6
2019-03-06 09:30 AM SACCI Business Confidence 93.4 95.1 94
2019-04-10 09:30 AM SACCI Business Confidence 91.8 93.4 92.1
2019-05-07 09:30 AM SACCI Business Confidence 93.7 91.8 92.4
2019-06-06 09:30 AM SACCI Business Confidence 93.7 94.0
2019-07-10 09:30 AM SACCI Business Confidence 93.6
2019-08-08 09:30 AM SACCI Business Confidence


South Africa Business Last Previous Highest Lowest Unit
Business Confidence 28.00 31.00 92.00 12.00 Index Points [+]
Manufacturing PMI 47.20 45.00 60.87 35.09 [+]
Industrial Production 1.20 0.50 18.50 -23.20 percent [+]
Industrial Production Mom 0.80 -2.00 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 178.00 146.00 511.00 63.00 Companies [+]
Total Vehicle Sales 36794.00 47718.00 65689.00 18482.00 [+]
Car Registrations 24989.00 30348.00 42915.00 5155.00 [+]
Leading Economic Index -1.80 -0.60 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 543.80 528.40 885.00 182.00 Thousand Tonnes [+]
Mining Production -1.10 -8.10 23.20 -17.40 percent [+]
Coincident Index 93.70 91.80 141.17 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 50.30 48.80 52.70 46.40 [+]
Ease of Doing Business 82.00 82.00 82.00 32.00 [+]
Electricity Production 20923.00 19196.00 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 SACCI Business Confidence Index

In South Africa, the SACCI Business Confidence Index reflects the neutral sentiment in the market place, as it captures the prevailing business climate and what businesses are experiencing. The index is composed by thirteen sub-indices, including energy supply, manufacturing, exports, imports, vehicle and retail sales, construction, inflation, share prices, private sector borrowing, financing cost, precious metal prices and exchange rate. This page provides - South Africa SACCI Business Confidence Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa SACCI Business Confidence Index - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
93.70 91.80 141.17 88.12 1985 - 2019 Index Points Monthly
2015=100, NSA




Country Last Previous
Japan 99.60 Mar/19
South Africa 93.70 Apr/19
South Korea 109.80 Mar/19


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