BER press release
Inflation Expectations 2017 - Quarter 3
Last updated: Sep 21 2017 2:40PM
Average CPI inflation expectations for 2018 remained unchanged at 5.8% in the third quarter. While analysts and business people lowered their forecasts, trade unions revised their projections upwards since the previous survey.
read moreAverage CPI inflation expectations for 2018 remained unchanged at 5.8% in the third quarter. While analysts and business people lowered their forecasts, trade unions revised their projections upwards since the previous survey.
FNB/BER Building Confidence Index 2017Q3
Last updated: Sep 19 2017 8:15AM
The FNB/BER Building Confidence Index rose to 35 index points in 2017Q3, from 32 in 2017Q2. However, despite the slight increase in the overall confidence index, the underlying indicators (particularly activity) suggest that growth in the building sector
read moreThe FNB/BER Building Confidence Index rose to 35 index points in 2017Q3, from 32 in 2017Q2. However, despite the slight increase in the overall confidence index, the underlying indicators (particularly activity) suggest that growth in the building sector likely continued to weaken in 2017Q3.
RMB/BER Business Confidence Index 2017Q3
Last updated: Sep 13 2017 11:50AM
After plunging from 40 to 29 in the second quarter, the RMB/BER BCI rose by six points to a still low 35 in the third quarter. Following a collapse in the second quarter, at least business activity in general did not deteriorate further. Also, no major new
read moreAfter plunging from 40 to 29 in the second quarter, the RMB/BER BCI rose by six points to a still low 35 in the third quarter. Following a collapse in the second quarter, at least business activity in general did not deteriorate further. Also, no major new unsettling political events occurred during the survey period. While the small increase in the third quarter RMB/BER BCI is encouraging, the improvement must be seen in the broader context of continued weak domestic demand, subdued business activity, low profitability (for most respondents) and heightened political uncertainty.
Inflation Expectations 2017 - Quarter 2
Last updated: Jul 20 2017 1:47PM
Average headline CPI inflation expectations of analysts, business people and trade unions for all three forecast periods declined marginally in the second quarter. Expectations for 2017 declined by 0.3% pts to 5.9%, while those for 2018 and 2019 declined by
read moreAverage headline CPI inflation expectations of analysts, business people and trade unions for all three forecast periods declined marginally in the second quarter. Expectations for 2017 declined by 0.3% pts to 5.9%, while those for 2018 and 2019 declined by 0.1% pt each to 5.8% and 5.9% respectively.
FNB/BER Consumer Confidence Index, 2017Q2
Last updated: Jul 12 2017 8:00AM
Please note: This publication contains results for both the 2017Q1 and 2017Q2 consumer confidence surveys. After increasing from -10 in the fourth quarter of 2016 to -5 in the first quarter of 2017, the FNB/BER Consumer Confidence Index (CCI) fell back to -9
read morePlease note: This publication contains results for both the 2017Q1 and 2017Q2 consumer confidence surveys. After increasing from -10 in the fourth quarter of 2016 to -5 in the first quarter of 2017, the FNB/BER Consumer Confidence Index (CCI) fell back to -9 in the second quarter. The economic outlook sub-index fell sharply, while fewer consumers expect their own household finances to improve in the next 12 months.
FNB Civil Confidence Index 2017 - Quarter 2
Last updated: Jun 28 2017 8:44AM
The FNB/BER Civil Confidence Index fell to 28 in 2017Q2, from 40 in 2017Q2. This, along with 2016Q1, is the joint lowest confidence since the end of 2011. The current level of the index means that more than seventy per cent of respondents are dissatisfied
read moreThe FNB/BER Civil Confidence Index fell to 28 in 2017Q2, from 40 in 2017Q2. This, along with 2016Q1, is the joint lowest confidence since the end of 2011. The current level of the index means that more than seventy per cent of respondents are dissatisfied with prevailing business conditions.
FNB/BER Building Confidence Index 2017Q2
Last updated: Jun 22 2017 7:38AM
After reaching its highest level in more than a year of 43 points in 2017Q1, the FNB/BER Building Confidence Index fell sharply to 32 in 2017Q2. Moreover, all of the sub-subsectors measured registered a drop in confidence. This has only happened in five other
read moreAfter reaching its highest level in more than a year of 43 points in 2017Q1, the FNB/BER Building Confidence Index fell sharply to 32 in 2017Q2. Moreover, all of the sub-subsectors measured registered a drop in confidence. This has only happened in five other instances since the index was first compiled in 1997.
RMB/BER Business Confidence Index 2017Q2
Last updated: Jun 14 2017 10:38AM
The RMB/BER Business Confidence Index collapsed by 11 points to 29 in 2017Q2. Confidence declined across all of the five sectors surveyed and might signal that the current business cycle downswing is becoming even more pronounced.
read moreThe RMB/BER Business Confidence Index collapsed by 11 points to 29 in 2017Q2. Confidence declined across all of the five sectors surveyed and might signal that the current business cycle downswing is becoming even more pronounced.
Inflation Expectations 2017 - Quarter 1
Last updated: Mar 30 2017 2:36PM
After declining from 6.2% in the second quarter to 5.8% in the fourth quarter of 2016, average inflation expectations of analysts, business people and trade unions for 2017 rebounded to 6.2% in the first quarter of 2017. Looking further ahead, the three
read moreAfter declining from 6.2% in the second quarter to 5.8% in the fourth quarter of 2016, average inflation expectations of analysts, business people and trade unions for 2017 rebounded to 6.2% in the first quarter of 2017. Looking further ahead, the three groups now on average expect inflation to be 5.9% in 2018, then rising slightly to 6.0% in 2019.
FNB Civil Confidence Index 2017 - Quarter 1
Last updated: Mar 28 2017 8:19AM
The FNB/BER Civil Confidence Index gained 5 points to register a level of 40 in 2017Q1. The higher confidence was supported by a slight improvement in construction activity. However, profitability remained under pressure.
read moreThe FNB/BER Civil Confidence Index gained 5 points to register a level of 40 in 2017Q1. The higher confidence was supported by a slight improvement in construction activity. However, profitability remained under pressure.