South Africa’s SACCI business confidence index rose to 110.9 in September of 2022 from 105.6 in the previous month. It was the highest reading since February, as an increase in tourism and trade volumes outweighed higher interest rates and lower share prices. "Business confidence presently remains resilient and at a better level than the average for 2020," SACCI said. source: South African Chamber of Commerce and Industry (SACCI)

Coincident Index in South Africa averaged 123.96 points from 1985 until 2022, reaching an all time high of 163.17 points in December of 2006 and a record low of 81.00 points in May of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on November of 2022.

Coincident Index in South Africa is expected to be 107.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa SACCI Business Confidence Index is projected to trend around 105.00 points in 2023 and 103.00 points in 2024, according to our econometric models.

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South Africa SACCI Business Confidence Index



Calendar GMT Actual Previous Consensus TEForecast
2022-10-12 09:30 AM Sep 110.9 105.6 110
2022-10-12 09:30 AM Aug 105.6 110.3 112
2022-12-12 09:30 AM Nov


Related Last Previous Unit Reference
Coincident Index 110.90 105.60 points Sep 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
110.90 105.60 163.17 81.00 1985 - 2022 points Monthly
2020=100, NSA

News Stream
South Africa Business Morale at 7-Month High
South Africa’s SACCI business confidence index rose to 110.9 in September of 2022 from 105.6 in the previous month. It was the highest reading since February, as an increase in tourism and trade volumes outweighed higher interest rates and lower share prices. "Business confidence presently remains resilient and at a better level than the average for 2020," SACCI said.
2022-10-12
South Africa Business Morale at 4-Month High
South Africa’s SACCI business confidence index rose to 110.3 in July of 2022 from 108.5 in the previous month. It was the highest reading since March, helped by an increase in trade volumes and new vehicle sales. However, price pressures, a volatile rand exchange rate and higher interest rates continued to weigh on the local business environment. "The July 2022 BCI number indicates the business climate is gradually returning to normality," SACCI said.
2022-08-10
South Africa SACCI Business Morale at 3-Month High
South Africa’s SACCI business confidence index rose to a three-month high of 94.1 in January of 2022 from 92 in December, as external trade and retail sales recovered following the easing of Covid-19 restrictions and the end of the travel ban imposed by several countries after the discovery of the Omicron variant. Stronger new-vehicle sales and higher share prices also supported this level of confidence, while rising inflation and higher debt servicing costs had a negative impact.
2022-02-09