The RMB/BER business confidence index in South Africa stood at 28 in the second quarter of 2019, unchanged from previous period. It remains at the lowest level since Q2 2017, as sentiment deteriorated sharply among new vehicle dealers and manufacturers. Meanwhile, slight improvements were seen in building, retail and wholesale trade sectors. Business Confidence in South Africa averaged 43.65 Index Points from 1975 until 2019, reaching an all time high of 92 Index Points in the third quarter of 1980 and a record low of 12 Index Points in the fourth quarter of 1977.

Business Confidence in South Africa is expected to be 24.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in South Africa to stand at 27.00 in 12 months time. In the long-term, the South Africa Business Confidence is projected to trend around 30.00 Index Points in 2020, according to our econometric models.

South Africa Business Confidence
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-11 11:50 AM Business Confidence Q3 38 39 30
2018-11-27 10:00 AM Business Confidence Q4 31 34 40
2019-03-13 10:10 AM Business Confidence Q1 28 31 30
2019-06-13 10:15 AM Business Confidence Q2 28 28 25
2019-09-11 11:50 AM Business Confidence Q3 28 24
2019-11-27 10:00 AM Business Confidence Q4 20


South Africa Business Last Previous Highest Lowest Unit
Business Confidence 28.00 28.00 92.00 12.00 Index Points [+]
Manufacturing PMI 52.10 46.20 60.87 35.09 [+]
Industrial Production -3.20 0.40 18.50 -23.20 percent [+]
Industrial Production Mom -1.50 -1.90 9.10 -8.70 percent [+]
Capacity Utilization 81.70 81.40 86.20 76.90 percent [+]
Changes in Inventories -11587.00 -53932.00 66699.00 -59774.00 ZAR Million [+]
Bankruptcies 163.00 216.00 511.00 63.00 Companies [+]
Total Vehicle Sales 46077.00 45940.00 65689.00 18482.00 [+]
Car Registrations 29477.00 28885.00 42915.00 5155.00 [+]
Leading Economic Index -0.40 -1.50 4.70 -3.70 percent [+]
Internet Speed 6736.79 6595.61 6736.79 685.91 KBps [+]
IP Addresses 4274668.00 3727821.00 6727656.00 520279.00 IP [+]
Steel Production 454.30 509.50 885.00 182.00 Thousand Tonnes [+]
Mining Production -4.20 -1.50 23.20 -17.40 percent [+]
Coincident Index 92.00 93.30 141.17 88.12 Index Points [+]
Competitiveness Index 60.76 60.86 60.86 4.31 Points [+]
Competitiveness Rank 67.00 62.00 67.00 35.00 [+]
Composite Pmi 48.40 49.70 52.70 46.40 [+]
Ease of Doing Business 82.00 82.00 82.00 32.00 [+]
Electricity Production 21923.00 22069.00 23801.00 10439.00 Gigawatt-hour [+]
Corruption Index 43.00 43.00 56.80 41.00 Points [+]
Corruption Rank 73.00 71.00 73.00 23.00 [+]
Gold Production -16.00 -24.30 75.70 -47.10 percent [+]


South Africa Business Confidence

In South Africa, the BER Business Confidence Index covers 1,400 business people in the building sector, 1,400 in the trade sector and 1,000 in manufacturing. The survey assesses the level of optimism that senior executives in the companies have about current and expected developments regarding sales, orders, employment, inventories and selling prices. The index varies on a scale of 0 to 100, where 0 indicates an extreme lack of confidence, 50 neutrality and 100 extreme confidence. This page provides - South Africa Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Business Confidence - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
28.00 28.00 92.00 12.00 1975 - 2019 Index Points Quarterly




Country Last Previous
Australia 4.00 Jul/19
Brazil 59.40 Aug/19
Canada 54.20 Jul/19
China 49.70 Jul/19
Euro Area -0.12 Jul/19
France 101.00 Jul/19
Germany 95.70 Jul/19
India 113.50 Jun/19
Indonesia 108.81 Jun/19
Italy 100.10 Jul/19
Japan 7.00 Jun/19
Mexico 49.50 Jul/19
Netherlands 3.90 Jul/19
Russia -1.00 Jul/19
Saudi Arabia 3.00 Jun/16
Singapore -11.00 Jun/19
South Africa 28.00 Jun/19
South Korea 73.00 Jul/19
Spain -2.80 Jul/19
Switzerland 97.10 Jul/19
Turkey 98.30 Jul/19
United Kingdom -32.00 Sep/19
United States 51.20 Jul/19


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