The South Africa's SACCI business confidence index dropped to 92 in July 2019, after increasing marginally to 93.3 in the previous month. This was the worst reading since March, amid decreases in the sub-indexes of import and export volumes, manufacturing and new vehicle sales. "The high level of optimism that existed immediately after the election of President Cyril Ramaphosa, is being affected by indications that the ruling party is divided on policy, political and factional lines, on the basis that these divisions have a direct impact in government’s efficiency and effectiveness in implementing its policies and managing the fiscus,” said Sacci. Coincident Index in South Africa averaged 108.70 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 92.20 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 93.70 in 12 months time. In the long-term, the South Africa SACCI Business Confidence Index is projected to trend around 94.50 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
2019-05-07 09:30 AM SACCI Business Confidence Apr 93.7 91.8 92.4
2019-06-05 09:30 AM SACCI Business Confidence May 93.0 93.7 94.0
2019-07-03 09:30 AM SACCI Business Confidence Jun 93.3 93.0 94
2019-08-07 09:30 AM SACCI Business Confidence Jul 92.0 93.3 94
2019-09-12 09:30 AM SACCI Business Confidence Aug 92.0 93
2019-10-10 09:30 AM SACCI Business Confidence Sep 92.2
2019-11-07 09:30 AM SACCI Business Confidence Oct


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 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
92.00 93.30 141.17 88.12 1985 - 2019 Index Points Monthly
2015=100, NSA




Country Last Previous
Japan 100.40 Jun/19
South Africa 92.00 Jul/19
South Korea 110.50 Jun/19


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