BER Other Services Survey
Other services survey, 2023Q3
Date Uploaded: Sep 26 2023 10:00AM
Business confidence in the other services sector increased by 5 points in 2023Q3, bringing the index just below its long-term average of 52 at 48 points. Although this is a positive development, the sector has yet to regain the 25 points it lost in the first
read moreBusiness confidence in the other services sector increased by 5 points in 2023Q3, bringing the index just below its long-term average of 52 at 48 points. Although this is a positive development, the sector has yet to regain the 25 points it lost in the first half of this year. At the current level, just under half of the respondents in this sector express satisfaction with the prevailing business conditions.
Other Services Survey (History Data), 2023
Date Uploaded: Sep 26 2023 10:00AM
Business confidence in the other services sector increased by 5 points in 2023Q3, bringing the index just below its long-term average of 52 at 48 points. The sharpest increase was seen in the transport subsector, while the hospitality sector displayed the
read moreBusiness confidence in the other services sector increased by 5 points in 2023Q3, bringing the index just below its long-term average of 52 at 48 points. The sharpest increase was seen in the transport subsector, while the hospitality sector displayed the highest level of sentiment.
Other services survey, 2023Q2
Date Uploaded: Jun 22 2023 10:00AM
Business confidence in the other services sector edged down by a further two points to 43 in 2023Q2. This follows a record 23-point decline in the first quarter. At the current level, just over four out of ten business executives in the sector were satisfied
read moreBusiness confidence in the other services sector edged down by a further two points to 43 in 2023Q2. This follows a record 23-point decline in the first quarter. At the current level, just over four out of ten business executives in the sector were satisfied with prevailing business conditions.
Other services survey, 2023Q1
Date Uploaded: Mar 22 2023 12:00PM
Other services confidence plummeted from 68 to 45 in the first quarter of 2023. The fall stemmed from the transport and business services sub-sectors. Confidence in the hospitality sub-sector increased further and declined slightly in the real estate
read moreOther services confidence plummeted from 68 to 45 in the first quarter of 2023. The fall stemmed from the transport and business services sub-sectors. Confidence in the hospitality sub-sector increased further and declined slightly in the real estate sub-sector.
Other services survey, 2022Q4
Date Uploaded: Dec 13 2022 10:00AM
Other services confidence jumped from 53 in the third quarter to 68 in the final quarter of 2022. In terms of the four sub-sectors making up the total, activity and confidence was mainly lifted by the transport and hospitality sub-sectors as international
read moreOther services confidence jumped from 53 in the third quarter to 68 in the final quarter of 2022. In terms of the four sub-sectors making up the total, activity and confidence was mainly lifted by the transport and hospitality sub-sectors as international visitor numbers gained further traction and road freight recovered following the devastating floods in KwaZulu-Natal in April.
Other Services Survey (History Data)
Date Uploaded: Dec 13 2022 10:00AM
Other services confidence jumped from 53 in the third quarter to 68 in the final quarter of 2022.
Other services survey, 2022Q3
Date Uploaded: Sep 27 2022 10:00AM
Confidence in the other services sector essentially remained static (at 53 compared to 52 previously) in the third quarter. In terms of the four sub-sectors making up the total, activity in the hospitality sector continued to pose the highest (year-on-year)
read moreConfidence in the other services sector essentially remained static (at 53 compared to 52 previously) in the third quarter. In terms of the four sub-sectors making up the total, activity in the hospitality sector continued to pose the highest (year-on-year) growth. Growth in activity in the important business services sub-sector (which contributes 45% to the total) and real estate came off the boil. Transport activity, in contrast, re-bounded. GDP growth in the third quarter is likely to benefit from the continuing recovery of the other services sector.
Other services survey, 2022Q2
Date Uploaded: Jun 27 2022 10:00AM
Confidence in the other services sector rebounded to 52 in the second quarter. Activity expanded strongly in the hospitality sector for the third quarter in a row but weakened considerably in the transport sector. After a very strong first quarter, real
read moreConfidence in the other services sector rebounded to 52 in the second quarter. Activity expanded strongly in the hospitality sector for the third quarter in a row but weakened considerably in the transport sector. After a very strong first quarter, real estate activity drifted down in the second quarter. Activity in the crucial business services sector at long last staged a recovery. GDP growth in the second quarter is likely to benefit from the delayed recovery of the other services sector.
Other Services Survey (History Data), 2022
Date Uploaded: Jun 27 2022 10:00AM
Confidence in the other services sector rebounded from 43 to 52 in the second quarter.
Other services survey, 2022Q1
Date Uploaded: Mar 28 2022 10:00AM
Despite the decline in business confidence, business volumes improved noticeably across all sub-sectors relative to the fourth quarter. The increase in activity in hotels and restaurants was particularly strong. Freight transport services continued to
read moreDespite the decline in business confidence, business volumes improved noticeably across all sub-sectors relative to the fourth quarter. The increase in activity in hotels and restaurants was particularly strong. Freight transport services continued to recover. The absence of international tourists kept on hampering passenger transport services. Real estate agents saw interest from buyers returned, but property management continued to struggle. The crucial business services sector recovered strongly once more in the first quarter. The further considerable improvement in activity in the other services sector bodes well for the GDP growth rate in the first quarter.