The FNB/BER Consumer Confidence Index for South Africa rose slightly to -10 in the third quarter of 2021 from -13 in the previous period, as the faster rollout of Covid-19 vaccines along with government support for its employees helped to counter the impact of the civil unrest during July. Notably, there was a sharp demand for big-ticket purchases such as cars and electronic appliances. source: Bureau for Economic Research (BER)
Consumer Confidence in South Africa averaged -1.10 points from 1982 until 2021, reaching an all time high of 26 points in the first quarter of 2018 and a record low of -36 points in the second quarter of 1985. This page provides the latest reported value for - South Africa Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Africa Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.
Consumer Confidence in South Africa is expected to be -15.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Consumer Confidence is projected to trend around 8.00 points in 2022 and 10.00 points in 2023, according to our econometric models.