BER Economic Indicators
FNB Civil
Kagiso PMI™
Jun 2014
Strike deadlock threatens centralised bargaining
Source: Business Day

THE National Union of Metalworkers of South Africa (Numsa) will announce on Monday whether or not a protracted strike in the metals and engineering sectors will continue this week, with the union set to respond to a wage offer containing a contentious clause that could alter the balance of power in workplace disputes.
28 July 2014

IMF slashes SA’s growth forecast for this year
Source: Business Day

THE International Monetary Fund (IMF) on Thursday became the latest institution to cut South Africa’s economic growth outlook for this year, amid Eskom’s supply constraints, repeated strikes and a weak recovery in global demand.
25 July 2014

Rand breaks 10.50 resistance to fresh two-month high vs dollar
Source: Reuters

South Africa's rand convincingly broke through 10.5000 per dollar resistance on Thursday, buoyed by euro gains and the possibility of an end to a three-week metal workers' strike.
25 July 2014

SA inflation exceeds target for third month
Source: Moneyweb

South Africa’s inflation rate was unchanged at 6.6% in June, exceeding the central bank’s target for a third month. The median estimate of 28 economists surveyed by Bloomberg was 6.7%. Prices rose 0.3% in the month, Pretoria-based Statistics South Africa said on its website today.
24 July 2014

Numsa told job losses probably unavoidable in pay deal
Source: Business Day

EMPLOYERS in the striking metals and engineering sector on Wednesday reiterated that a wage offer that has brought the parties to the brink of an agreement would most likely cause job losses.
24 July 2014

FNB Civil

After falling by 11 index points to 55 in 1Q2014, the FNB/BER civil confidence index shed a further 11 points to 44 in 2Q2014. However, construction work and profitability improved nicely. This suggests that other factors, besides only company performance, weighed on confidence during the quarter.
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BER press release Jun 10 2014
The RMB/BER Business Confidence Index (BCI) remained unchanged at a low 41 points in the second ...more
Economic Snapshot Jun 2 2014
A concise monthly document that provides a graphical overview of recent SA economic developments. ...more
BER press release Jul 2 2014
The FNB/BER consumer confidence index (CCI) rebounded from -6 to +4 index points during 2014Q2. The ...more
BER press release Jun 17 2014
After breaching the key 50-index point mark in 2014Q1, the FNB/BER building confidence index fell ...more
Economic Snapshot Jul 1 2014
A concise monthly document that provides a graphical overview of recent SA economic developments. ...more
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FNB Civil

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Latest Releases:
BER Weekly Jul 28 2014
Due to a slow start to the year, the IMF last week downwardly revised their global growth ...more
EY Financial Services Index Jul 28 2014
The EY Financial Services Index declined from 67 to 61 in the second quarter of 2014. The ...more
Beeld Consensus Jul 22 2014
A monthly survey of the forecasts of the main economists active in South Africa ...more
BER Weekly Jul 21 2014
Domestically, financial markets were not surprised when the South African Reserve Bank (SARB) hiked ...more
BER Weekly Jul 14 2014
The impact of the recently resolved platinum mining strike, the longest domestic strike on record, ...more
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