24.13/litre
23.41/litre
5.3% y-o-y
4.7%
1.2% y-o-y
11.75 %
2.7% y-o-y
2.6% y-o-y
After rising to an eight-year high in 2023Q4, the FNB/BER Building Confidence Index fell sharply to 27 in 2024Q1. The decline was broad-based with four of the six sectors recording a fall in sentiment in excess of 20 points. The current level of the index therefore means that more than 70% of respondents are dissatisfied with prevailing business conditions.
In the first quarter of 2024, the average headline CPI inflation expectations of analysts, business people and trade union officials receded by 0.3 percentage points (% pts) for both 2024 and 2025. The respondents now expect inflation to average 5.4% this year, 5.3% next year and 5.2% in 2026. Among the three social groups, only analysts expect that inflation will subside to below 5% and stabilise at 4.7% in 2025 and 2026. Business people and trade union officials foresee inflation getting stuck above 5%, even in 2026.
The release calendar will be updated each quarter. Please note that these dates may change.
Wednesday
6 March 2024
RMB/BER Business Confidence Index (BCI)
Tuesday
26 March 2024
FNB/BER Civil Confidence Index
Monday
18 March 2024
Retail Survey
Tuesday
19 March 2024
Inflation Expectation Survey
The first working day of each month
Absa PMI
The first working day of each month
Update
Every Friday
BER Weekly
Monday
11 March 2024
FNB/BER Building Confidence Index
Monday
25 March 2024
FNB/BER Consumer Confidence Index (CCI)
Wednesday
13 March 2024
Absa Manufacturing Survey
Wednesday
27 March 2024
Other Services Survey
The first week of each month
Trends
The BER Economist Internship Programme provides practical training to appropriately qualified previously disadvantaged individuals. The programme equips trainees to function as economists in the private and/or the public sector.