BER press release
FNB Civil Confidence Index 2018 - Quarter 2
Last updated: Jun 26 2018 7:41AM
The FNB/BER Civil Confidence Index gained 3 points to register a level of 15 in 2018Q2. The sustained low confidence is explained by a deterioration in almost all of the underlying indicators, most notably construction activity and tendering competition.
read moreThe FNB/BER Civil Confidence Index gained 3 points to register a level of 15 in 2018Q2. The sustained low confidence is explained by a deterioration in almost all of the underlying indicators, most notably construction activity and tendering competition.
FNB/BER Building Confidence Index 2018Q2
Last updated: Jun 19 2018 7:33AM
The FNB/BER Building Confidence Index lost 14 index points in 2018Q2 to register a level of 29. This wiped out all the gains of 2018Q1. While the fall in sentiment was largely due to lower confidence among hardware retailers and manufacturers of building
read moreThe FNB/BER Building Confidence Index lost 14 index points in 2018Q2 to register a level of 29. This wiped out all the gains of 2018Q1. While the fall in sentiment was largely due to lower confidence among hardware retailers and manufacturers of building material, underlying activity in the sector was also weaker.
RMB/BER Business Confidence Index 2018Q2
Last updated: Jun 13 2018 10:05AM
After surging from 34 to 45 in the first quarter, the RMB/BER Business Confidence Index (BCI) deteriorated to 39 in the second quarter of 2018. This means that close to three fifths of respondents now regard prevailing business conditions as unsatisfactory –
read moreAfter surging from 34 to 45 in the first quarter, the RMB/BER Business Confidence Index (BCI) deteriorated to 39 in the second quarter of 2018. This means that close to three fifths of respondents now regard prevailing business conditions as unsatisfactory – a disappointing outcome, yet probably an accurate reflection of reality.
FNB/BER Consumer Confidence Index 2018Q1
Last updated: Apr 25 2018 7:52AM
The FNB/BER Consumer Confidence Index (CCI) skyrocketed to an all-time high of +26 in the first quarter of 2018. The latest reading surpassed the previous record high of+23 index points reached in the first quarter of 2007. The dramatic increase signals a
read moreThe FNB/BER Consumer Confidence Index (CCI) skyrocketed to an all-time high of +26 in the first quarter of 2018. The latest reading surpassed the previous record high of+23 index points reached in the first quarter of 2007. The dramatic increase signals a substantial improvement in consumers' willingness to spend. The extraordinary improvement in consumer sentiment can largely be ascribed to the change in the country’s leadership. There is a risk that the CCI overshot during the first quarter on the back of the positive sentiment, implying that there could be a negative correction during the second quarter.
Inflation Expectations 2018 - Quarter 1
Last updated: Mar 28 2018 4:10PM
Inflation expectations for both 2018 and 2019 declined across all social groups relative to the previous quarter. The average for 2018 declined from 5.7% to 5.2% and for 2019 from 5.9% to 5.3%. Inflation is expected to edge up marginally to 5.4% in 2020.
read moreInflation expectations for both 2018 and 2019 declined across all social groups relative to the previous quarter. The average for 2018 declined from 5.7% to 5.2% and for 2019 from 5.9% to 5.3%. Inflation is expected to edge up marginally to 5.4% in 2020.
FNB Civil Confidence Index 2018 - Quarter 1
Last updated: Mar 26 2018 7:54AM
After gaining 4 points in 2017Q4, the FNB/BER Civil Confidence Index fell to a record low of 12 in 2018Q1. The current index level means that close to ninety per cent of respondents are dissatisfied with prevailing business conditions.
read moreAfter gaining 4 points in 2017Q4, the FNB/BER Civil Confidence Index fell to a record low of 12 in 2018Q1. The current index level means that close to ninety per cent of respondents are dissatisfied with prevailing business conditions.
FNB/BER Building Confidence Index 2018Q1
Last updated: Mar 19 2018 7:35AM
After falling to 31 in 2017Q4, the FNB/BER Building Confidence Index gained 12 points to register a level of 43 in 2018Q1. The higher confidence is supported by the underlying activity indices with the sharp improvement in non-residential main contractor
read moreAfter falling to 31 in 2017Q4, the FNB/BER Building Confidence Index gained 12 points to register a level of 43 in 2018Q1. The higher confidence is supported by the underlying activity indices with the sharp improvement in non-residential main contractor activity especially encouraging.
RMB/BER Business Confidence Index 2018Q1
Last updated: Mar 14 2018 11:52AM
The RMB/BER Business Confidence Index (BCI) jumped by 11 points from 34 in the fourth quarter of 2017 to 45 in the first quarter of 2018. An increase of such magnitude is rare: since 1975, the BCI rose by 11 points or more on only 15 occasions. If sustained,
read moreThe RMB/BER Business Confidence Index (BCI) jumped by 11 points from 34 in the fourth quarter of 2017 to 45 in the first quarter of 2018. An increase of such magnitude is rare: since 1975, the BCI rose by 11 points or more on only 15 occasions. If sustained, the first quarter rise implies a much-improved economic growth performance this year and next, relative to 2017’s 1.3% GDP expansion.
FNB/BER Consumer Confidence Index 2017Q4
Last updated: Jan 30 2018 4:01PM
Having slumped from -5 in the first quarter of 2017 to -9 during the second quarter, the FNB/BER Consumer Confidence Index (CCI) remained low at -8 index points in the fourth quarter of 2017. Consumer are slightly more positive about the outlook for the
read moreHaving slumped from -5 in the first quarter of 2017 to -9 during the second quarter, the FNB/BER Consumer Confidence Index (CCI) remained low at -8 index points in the fourth quarter of 2017. Consumer are slightly more positive about the outlook for the domestic economy, but remain downbeat with respect to their own financial position. Low consumer confidence levels point to a low willingness to spend among consumers.
Inflation Expectations 2017 - Quarter 4
Last updated: Jan 18 2018 1:37PM
Although average inflation expectations for 2018 declined marginally from 5.8% in the third quarter to 5.7% in the fourth quarter, the overall result conceals big changes among the various social groups.
read moreAlthough average inflation expectations for 2018 declined marginally from 5.8% in the third quarter to 5.7% in the fourth quarter, the overall result conceals big changes among the various social groups.