The South African Chamber of Commerce and Industry (SACCI) business confidence index rose to 124.1 in May from a seven-month low of 123.6 in the prior month. The improvement was attributed to higher new vehicle sales and stronger merchandise exports, with imports contributing to a lesser extent, as companies tried to adjust to the oil price shock from the Middle East conflict. Conversely, the chamber noted that a decline in overseas tourist arrivals had a substantial negative impact on the index, while rising inflation remained a concern for businesses. source: South African Chamber of Commerce and Industry (SACCI)

Coincident Index in South Africa increased to 124.10 points in May from 123.60 points in April of 2026. Coincident Index in South Africa averaged 123.27 points from 1985 until 2026, reaching an all time high of 163.17 points in December of 2006 and a record low of 81.00 points in May of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

Coincident Index in South Africa increased to 124.10 points in May from 123.60 points in April of 2026. Coincident Index in South Africa is expected to be 110.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa SACCI Business Confidence Index is projected to trend around 117.00 points in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-11 09:30 AM
SACCI Business Confidence
Apr 123.6 131.3 131
2026-06-11 09:30 AM
SACCI Business Confidence
May 124.1 123.6 131.6
2026-08-11 09:30 AM
SACCI Business Confidence
Jun 124.1


Related Last Previous Unit Reference
Bankruptcies 225.00 233.00 Companies May 2026
Business Confidence 39.00 47.00 points Jun 2026
Capacity Utilization 76.90 77.80 percent Dec 2025
Car Registrations 36871.00 34414.00 Units May 2026
Changes in Inventories -22424.00 -6246.00 ZAR Million Mar 2026
SACCI Business Confidence 124.10 123.60 points May 2026
Composite Leading Indicator 100.37 100.48 points May 2026
Corruption Index 41.00 41.00 Points Dec 2025
Corruption Rank 81.00 82.00 Dec 2025
Electricity Production 17106.00 18054.00 Gigawatt-hour Apr 2026
Gold Production YoY -0.20 16.60 percent Apr 2026
Manufacturing Production YoY -2.90 1.50 percent Apr 2026
Manufacturing Production MoM -2.70 1.20 percent Apr 2026
Leading Business Cycle Indicator MoM -1.80 1.50 percent Apr 2026
Mining Production YoY 8.20 2.50 percent Apr 2026
Total New Vehicle Sales 51070.00 47890.00 Units May 2026


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.
Actual Previous Highest Lowest Dates Unit Frequency
124.10 123.60 163.17 81.00 1985 - 2026 points Monthly
2020=100, NSA

News Stream
South Africa Business Sentiment Improves Slightly in May: SACCI
The South African Chamber of Commerce and Industry (SACCI) business confidence index rose to 124.1 in May from a seven-month low of 123.6 in the prior month. The improvement was attributed to higher new vehicle sales and stronger merchandise exports, with imports contributing to a lesser extent, as companies tried to adjust to the oil price shock from the Middle East conflict. Conversely, the chamber noted that a decline in overseas tourist arrivals had a substantial negative impact on the index, while rising inflation remained a concern for businesses.
2026-06-11
South Africa Business Sentiment Weakens to 5-Month Low: SACCI
The South African Chamber of Commerce and Industry (SACCI) business confidence index fell to 131.3 in March 2026, the lowest since last October, from 134.6 in the prior month, largely reflecting external pressures linked to the ongoing Middle East conflict. SACCI noted businesses were particularly concerned about weaker foreign merchandise trade volumes and higher energy costs. A weaker and more volatile rand, lower JSE share prices, falling precious metal prices and reduced foreign trade volumes weighed on sentiment, partly offset by lower inflation, a steady improvement in new vehicle sales and increased tourist arrivals over the festive season. Meanwhile, the Chamber said the first quarter average for 2026 reached 132.4, compared to 123.1 in the same period last year, signaling an overall improvement in business sentiment over the longer term.
2026-04-21
Business Confidence in South Africa Eases in January: SACCI
The South African Chamber of Commerce and Industry (SACCI) business confidence index edged down to 131.4 in January 2026 from 133.2 in the prior month, which was the highest since June 2011. Nevertheless, the business chamber emphasized that sentiment stayed elevated after a notable improvement in 2025, with the index hitting its highest level since 2013. The monthly decline was attributed to weakness in manufacturing, merchandise exports and vehicle sales.
2026-02-18