24.13/litre
23.41/litre
5.6% y-o-y
4.5%
1.2% y-o-y
11.75 %
2.7% y-o-y
2.6% y-o-y
After slipping from -16 to -17 index points in the fourth quarter of 2023, the FNB/BER Consumer Confidence Index (CCI) improved to -15 in the first quarter of 2024. The latest reading points to a consumer still under pressure. However, consumer sentiment is significantly higher than the -23 reading recorded during the first quarter of 2023 when stage-6 load-shedding, surging food prices, and successive interest rate hikes rocked consumer confidence.
Business confidence in the other services sector declined by a further one point to 41 in the first quarter of 2024. This implies that about 6 out of 10 businesses in this sector are unsatisfied with business conditions. Following a recent peak reached in 2022Q4, confidence has moved lower.
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
In this report we review recent trends in the SA building industry, together with the input costs and the tender prices of building contractors, as measured by the BER Building Cost Index. This unique index is based on accepted building tenders. The report ends with a presentation of the relevant data and forecasts.
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.