South Africa Consumer Confidence - Forecast

Consumer Confidence in South Africa is expected to be 15.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in South Africa to stand at 18.00 in 12 months time. In the long-term, the South Africa Consumer Confidence is projected to trend around 16.00 Index Points in 2020, according to our econometric models.


Forecast Data Chart
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South Africa Consumer Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Consumer Confidence 22 15 16 18 18 16
Retail Sales MoM 0.6 0.5 0.5 0.4 0.3 0.7
Retail Sales YoY 2.5 1.9 1.6 1.7 1.8 2.2
Consumer Spending 1926959 1948167 1956710 1952009 1946507 2024886
Disposable Personal Income 2911510 2800000 3034503 3074299 3106438 3140000
Personal Savings 0.4 -1.2 0.22 0.19 0.18 0.2
Private Sector Credit 6.74 5.89 7.01 7.01 7.01 3.11
Bank Lending Rate 10 10 10 9.83 9.83 8.5
Gasoline Prices 1.14 1.25 1.23 0.93 0.87 1.26
Households Debt To Gdp 33.1 37 32.08 31.82 31.55 36
Households Debt To Income 71.9 78 70.84 70.59 70.33 77
Consumer Confidence Economic Expectations -22.2 -6.67 -5.84 -5.12 -5.12 -1.81
Consumer Confidence Financial Expectations 6.4 6.26 4.05 5.74 5.74 4.96
Consumer Confidence Major Purchases Expectations -11.8 -14 -13.43 -13.98 -13.98 -13.71