The SACCI business confidence index rose to 93.3 in September of 2018 from 90.5 in the previous month. Four of the thirteen sub-indices improved; five were unchanged while four were negative. The biggest positive month-on-month contribution came from merchandise export volumes, lower inflation and new vehicles sales.
Coincident Index in South Africa averaged 109.11 Index Points from 1985 until 2018, 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.
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 September of 2018.