The South African Chamber of Commerce and Industry (SACCI) business confidence index rose to 125.4 in July 2026, the highest reading since March, up from 123.5 in June. Higher new vehicle sales, stronger merchandise export volumes and lower energy prices supported the improvement, while higher inflation and lower precious metal prices weighed on business confidence. Sacci added that the number of foreign travellers to South Africa remained a positive factor despite short-term instability linked to the Middle East conflict. “The continuing war in the Middle East and its destabilizing effect on the crude oil price as well as its impact on the supply of fuel are weighing on global economic prospects,” the chamber noted. source: South African Chamber of Commerce and Industry (SACCI)

Coincident Index in South Africa increased to 125.40 points in July from 123.50 points in June 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 August of 2026.

Coincident Index in South Africa increased to 125.40 points in July from 123.50 points in June of 2026. Coincident Index in South Africa is expected to be 122.00 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 125.00 points in 2027 and 129.00 points in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-18 09:30 AM
SACCI Business Confidence
Jun 123.5 124.1 125
2026-08-18 09:30 AM
SACCI Business Confidence
Jul 125.4 123.5 123.8
2026-10-14 09:30 AM
SACCI Business Confidence
Aug 123.5


Related Last Previous Unit Reference
Bankruptcies 245.00 225.00 Companies Jun 2026
Business Confidence 39.00 47.00 points Jun 2026
Capacity Utilization 76.10 77.00 percent Mar 2026
Car Registrations 40912.00 38393.00 Units Jul 2026
Changes in Inventories -22424.00 -6246.00 ZAR Million Mar 2026
SACCI Business Confidence 125.40 123.50 points Jul 2026
Composite Leading Indicator 100.36 100.48 points Jun 2026
Corruption Index 41.00 41.00 Points Dec 2025
Corruption Rank 81.00 82.00 Dec 2025
Electricity Production 18904.00 18642.00 Gigawatt-hour Jun 2026
Gold Production YoY 6.20 -4.40 percent Jun 2026
Manufacturing Production YoY -1.70 -4.30 percent Jun 2026
Manufacturing Production MoM 0.90 1.10 percent Jun 2026
Leading Business Cycle Indicator MoM -1.40 -0.30 percent Jun 2026
Mining Production YoY -4.00 -5.10 percent Jun 2026
Total New Vehicle Sales 57708.00 54410.00 Units Jul 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
125.40 123.50 163.17 81.00 1985 - 2026 points Monthly
2020=100, NSA

News Stream
South Africa Business Sentiment Up to 4-Month High: SACCI
The South African Chamber of Commerce and Industry (SACCI) business confidence index rose to 125.4 in July 2026, the highest reading since March, up from 123.5 in June. Higher new vehicle sales, stronger merchandise export volumes and lower energy prices supported the improvement, while higher inflation and lower precious metal prices weighed on business confidence. Sacci added that the number of foreign travellers to South Africa remained a positive factor despite short-term instability linked to the Middle East conflict. “The continuing war in the Middle East and its destabilizing effect on the crude oil price as well as its impact on the supply of fuel are weighing on global economic prospects,” the chamber noted.
2026-08-18
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 2026 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