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South Africa Business Confidence

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South Africa Business Confidence

Frequency

Delivery Method

Website popup

Mobile App notifications

Status

 
Latest Release
Dec 08, 2021
Actual
92.8
Previous
91.0
Confidence indicator is a measure of the mood of consumers or businesses. It is usually based on a survey during which respondents rate their opinion on different isues concerning current and future conditons. Consumers opinion are typically expressed with answers like: better, same, worse or positive, negative and unchanged. Results of such surveys are calculated by subtracting the negative replies from the positive ones. Business confidence indicator is closely linked to corporate spending and correlated with employment, consumption and investment. Therefore it is carefully watched as an indication of possible changes in the overall economic growth.
Importance:
Country:
Currency: ZAR
Source: South African Chamber of Comme...
South Africa Business Confidence
 
Release Date Time Actual Forecast Previous
Dec 08, 2021 (Nov) 04:30 92.8   91.0
Nov 24, 2021 (Oct) 04:30 43.0   91.0
Oct 11, 2021 (Sep) 04:35 91.0   91.9
Oct 11, 2021 (Aug) 04:30 91.9   93.2
Aug 11, 2021 (Jul) 04:30 93.2   97.0
Jun 09, 2021 (May) 04:30 97.0   94.0

Analysis

Business Confidence Discussion

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All Comments (1)
Takalani Mafhara
Takalani Mafhara Aug 08, 2018 2:21AM ET
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Business confidence will go down - The current news about retrenchments in the mining sector (Platinum in particular) is not good news at all.
 
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