The South Africa's SACCI business confidence index decreased marginally to 93 in May 2019 from 93.7 in the previous month, "as with the national and provincial elections now concluded and the new Cabinet and provincial legislature now in place, business anticipates priority focus to be on efforts to grow the economy, to create jobs, to eliminate historical social injustices, to improve education and healthcare, to fight crime and, broadly, to improve the lives of ordinary South Africans". In May, eight of the thirteen sub-indices decreased compared to April, four improved and one remained unchanged. investors await government's reforms aiming at boosting economy after President Cyril Ramaphosa won general elections on May 8th. In May, eight of the thirteen sub-indices decreased compared to April, four improved and one remained unchanged. Coincident Index in South Africa averaged 108.78 Index Points from 1985 until 2019, reaching an all time high of 141.17 Index Points in December of 2006 and a record low of 88.12 Index Points in April of 1985.

Coincident Index in South Africa is expected to be 93.60 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Coincident Index in South Africa to stand at 94.50 in 12 months time. In the long-term, the South Africa SACCI Business Confidence Index is projected to trend around 94.00 Index Points in 2020, according to our econometric models.

South Africa SACCI Business Confidence Index
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-06 09:30 AM SACCI Business Confidence 93.4 95.1 94
2019-04-10 09:30 AM SACCI Business Confidence 91.8 93.4 92.1
2019-05-07 09:30 AM SACCI Business Confidence 93.7 91.8 92.4
2019-06-05 09:30 AM SACCI Business Confidence 93.0 93.7 94.0
2019-07-01 09:30 AM SACCI Business Confidence 93.0 93.6
2019-08-08 09:30 AM SACCI Business Confidence
2019-09-12 09:30 AM SACCI Business Confidence


South Africa Business Last Previous Highest Lowest Unit
Business Confidence 28.00 28.00 92.00 12.00 Index Points [+]
Manufacturing PMI 45.40 47.20 60.87 35.09 [+]
Industrial Production 4.60 1.30 18.50 -23.20 percent [+]
Industrial Production Mom 2.80 0.90 9.10 -8.70 percent [+]
Capacity Utilization 81.40 81.30 86.20 76.90 percent [+]
Changes in Inventories -11587.00 -53932.00 66699.00 -59774.00 ZAR Million [+]
Bankruptcies 173.00 178.00 511.00 63.00 Companies [+]
Total Vehicle Sales 40506.00 36787.00 65689.00 18482.00 [+]
Car Registrations 26170.00 24989.00 42915.00 5155.00 [+]
Leading Economic Index 0.70 -0.70 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 576.00 543.80 885.00 182.00 Thousand Tonnes [+]
Mining Production -1.50 -0.70 23.20 -17.40 percent [+]
Coincident Index 93.00 93.70 141.17 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 49.30 50.30 52.70 46.40 [+]
Ease of Doing Business 82.00 82.00 82.00 32.00 [+]
Electricity Production 20711.00 20923.00 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 [+]


South Africa SACCI Business Confidence Index

In South Africa, the SACCI Business Confidence Index reflects the neutral sentiment in the market place, as it captures the prevailing business climate and what businesses are experiencing. The index is composed by thirteen sub-indices, including energy supply, manufacturing, exports, imports, vehicle and retail sales, construction, inflation, share prices, private sector borrowing, financing cost, precious metal prices and exchange rate. This page provides - South Africa SACCI Business Confidence Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa SACCI Business Confidence Index - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
93.00 93.70 141.17 88.12 1985 - 2019 Index Points Monthly
2015=100, NSA




Country Last Previous
Japan 102.10 Apr/19
South Africa 93.00 May/19
South Korea 110.10 Apr/19


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