The FNB/BER Consumer Confidence Index for South Africa fell to -13 in the first quarter of 2022 from -9 in the previous period and well below the long-term average of +2. It was the lowest reading since the second quarter of 2021, with declines in the economic outlook and household financial position sub-indices amid concerns over the global impact of Russia's invasion of Ukraine on growth and inflation. source: Bureau for Economic Research (BER)
Consumer Confidence in South Africa averaged -1.23 points from 1982 until 2022, 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 June of 2022.
Consumer Confidence in South Africa is expected to be -16.00 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 3.00 points in 2023 and 6.00 points in 2024, according to our econometric models.