The South Africa's SACCI business confidence index declined sharply to 91.8 in March 2019 from 93.4 in the previous month affected by the slow pace of structural reforms, disruptions in activity associated to Eskom's power blackouts and the recent increase in electricity tariffs. It is the lowest reading since August marking the fourth consecutive deterioration in business sentiment. Coincident Index in South Africa averaged 108.86 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 93.00 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
2019-01-10 09:50 AM SACCI Business Confidence 95.2 96.1 97
2019-02-06 09:40 AM SACCI Business Confidence 95.1 95.2 94.6
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
2019-05-09 09:30 AM SACCI Business Confidence 91.8
2019-06-06 09:30 AM SACCI Business Confidence
2019-07-10 09:30 AM SACCI Business Confidence 93


South Africa Business Last Previous Highest Lowest Unit
Business Confidence 28.00 31.00 92.00 12.00 Index Points [+]
Manufacturing PMI 45.00 46.20 60.87 35.09 [+]
Industrial Production 0.60 0.90 18.50 -23.20 percent [+]
Industrial Production Mom -1.80 -1.60 9.10 -8.70 percent [+]
Capacity Utilization 81.40 81.30 86.20 76.90 percent [+]
Changes in Inventories -53932.00 14456.00 66699.00 -59774.00 ZAR Million [+]
Bankruptcies 146.00 139.00 511.00 63.00 Companies [+]
Total Vehicle Sales 47718.00 43251.00 65689.00 18482.00 [+]
Car Registrations 30348.00 27000.00 42915.00 5155.00 [+]
Leading Economic Index -1.80 -0.60 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 528.40 521.20 885.00 182.00 Thousand Tonnes [+]
Mining Production -7.50 -3.30 23.20 -17.40 percent [+]
Coincident Index 91.80 93.40 141.17 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 48.80 50.20 52.70 46.40 [+]
Ease of Doing Business 82.00 82.00 82.00 32.00 [+]
Electricity Production 19196.00 20909.00 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
91.80 93.40 141.17 88.12 1985 - 2019 Index Points Monthly
2015=100, NSA




Country Last Previous
Japan 98.80 Feb/19
South Africa 91.80 Mar/19
South Korea 109.80 Feb/19


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