The South Africa consumer confidence index rose to 5 in the second quarter of 2019 from 2 in the previous quarter, boosted by recent elections and the stabilisation of the country's power supply which likely offset substantial increases in fuels as well as growing unemployment. Still, "household budgets were expected to remain constrained by higher personal income taxes, sharp fuel and electricity price hikes and rising unemployment rates", FNB Chief Economist Mamello Matikinca-Ngwenya said. Consumer Confidence in South Africa averaged 1.53 Index Points from 1982 until 2019, reaching an all time high of 26 Index Points in the first quarter of 2018 and a record low of -33 Index Points in the second quarter of 1985.

Consumer Confidence in South Africa is expected to be -5.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in South Africa to stand at 3.00 in 12 months time. In the long-term, the South Africa Consumer Confidence is projected to trend around 10.00 Index Points in 2020, according to our econometric models.

South Africa Consumer Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-28 07:00 AM Consumer Confidence Q3 7 22 17
2019-01-24 07:00 AM Consumer Confidence Q4 7 7 15
2019-04-24 07:00 AM Consumer Confidence Q1 2 7 -6
2019-05-29 07:10 AM Consumer Confidence Q2 5 2 -5
2019-11-28 07:00 AM Consumer Confidence Q3 5 3


South Africa Consumer Last Previous Highest Lowest Unit
Consumer Confidence 5.00 2.00 26.00 -33.00 Index Points [+]
Retail Sales MoM 0.30 0.10 4.60 -5.10 percent [+]
Retail Sales YoY 2.40 2.30 15.50 -6.30 percent [+]
Consumer Spending 1946237.00 1950359.00 1950359.00 260612.00 ZAR Million [+]
Disposable Personal Income 2994423.00 2978037.00 2994423.00 3520.00 ZAR Million [+]
Personal Savings -0.10 -0.50 23.80 -2.50 percent [+]
Private Sector Credit 6.91 7.66 35.88 -2.35 percent [+]
Bank Lending Rate 10.00 10.00 25.50 5.50 percent [+]
Gasoline Prices 1.11 1.19 1.44 0.43 USD/Liter [+]
Households Debt To GDP 33.60 33.20 43.90 33.10 percent of GDP [+]
Households Debt To Income 71.90 71.90 86.40 40.30 percent [+]
Consumer Confidence Economic Expectations -22.20 -1.00 37.00 -38.00 [+]
Consumer Confidence Financial Expectations 6.40 3.00 30.40 -22.00 [+]
Consumer Confidence Major Purchases Expectations -11.80 -17.00 13.10 -42.00 [+]


South Africa Consumer Confidence

In South Africa, the BER Consumer Confidence Index covers 2,500 households in metropolitan areas, cities, towns and villages. The survey is made from personal at-home interviews and assesses general economic outlook, household’s economic condition and major spending purposes. The index is computed as the difference between the share of respondents expecting an improvement from the percentage expecting a deterioration. The indicator varies on a scale of -100 to 100; a value of -100 indicates extreme lack of confidence, 0 neutrality and 100 extreme confidence. 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 - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5.00 2.00 26.00 -33.00 1982 - 2019 Index Points Quarterly




Country Last Previous
Argentina 41.90 Aug/19
Australia 100.00 Aug/19
Brazil 47.00 Jun/19
Canada 55.60 Aug/19
China 125.90 Jun/19
Euro Area -7.10 Aug/19
France 102.00 Jul/19
Germany 9.70 Aug/19
India 95.70 Sep/19
Indonesia 124.80 Jul/19
Italy 113.40 Jul/19
Japan 37.80 Jul/19
Mexico 104.30 Jul/19
Netherlands 0.00 Aug/19
Russia -15.00 Jun/19
Saudi Arabia 114.00 Jun/19
South Africa 5.00 Jun/19
South Korea 95.90 Jul/19
Spain 97.00 Jul/19
Switzerland -8.00 Sep/19
Turkey 58.30 Aug/19
United Kingdom -11.00 Jul/19
United States 92.10 Aug/19


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