South African Consumers Less Pessimistic in Q2

2025-06-26 10:15 By Luisa Carvalho 1 min. read

The FNB/BER Consumer Confidence Index for South Africa came in at -10 in Q2 2025, rebounding from a near two-year low of -20 in the previous three-month period.

While the index is still well below the historical average of -1, the latest reading suggests a modest easing in consumer pessimism.

All three sub-indices of the CCI recovered some lost ground during Q2, with the economic outlook sub-index rebounding from -32 to -18, supported by the cancellation of planned tax hikes and the resolution of the coalition’s budget impasse.

The household finances sub-index improved from -1 to 9, while the sub-index measuring the appropriateness of the present time to buy durable goods rebounded from -28 to -21.



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South African Consumers Less Pessimistic in Q2
The FNB/BER Consumer Confidence Index for South Africa came in at -10 in Q2 2025, rebounding from a near two-year low of -20 in the previous three-month period. While the index is still well below the historical average of -1, the latest reading suggests a modest easing in consumer pessimism. All three sub-indices of the CCI recovered some lost ground during Q2, with the economic outlook sub-index rebounding from -32 to -18, supported by the cancellation of planned tax hikes and the resolution of the coalition’s budget impasse. The household finances sub-index improved from -1 to 9, while the sub-index measuring the appropriateness of the present time to buy durable goods rebounded from -28 to -21.
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