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Petrol price (Gauteng) = 16.32/litre  Petrol price (Coastal) = 15.62/litre  CPI January '21 = 3.2% y-o-y  PPI manufacturing January '21 = 3.5%  GDP growth Q4 = -0.6% y-o-y  Prime interest rate = 7%  Unemployment rate Q4 = 32.5%  Retail sales December '20 = -1.3% y-o-y  Manufacturing output December '20 = 1.8% y-o-y 
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Building and Construction

Quarterly reports on the results and implications of the latest BER survey in the building and construction industries. Released in advance of official indicators of activity, it provides reliable and up-to-date information on current trends and a valuable perspective on the outlook for these sectors.

The information provided in the two reports is:

  • The Building report covers contractors and sub-contractors in the residential and non-residential markets. Furthermore, it includes architects and quantity surveyors. Apart from business confidence, survey data highlights current and expected trends in building activity, tendering competition and demand. The report also includes the FNB/BER Building Confidence Index.

    Regional perspectives are provided for the main provinces (Western Cape, KwaZulu-Natal and Gauteng).

  • The Construction report focuses on civil contractors. Apart from the FNB/BER Civil Confidence Index, survey data highlights trends in building activity, tendering competition and demand.

Click here for information on the survey method.

Civil Construction survey, 2020Q4 (Download sample)

Last updated: Dec 7 2020 8:09AM

In 2020Q2, the FNB/BER Civil Confidence Index fell to only five. Sentiment improved to 11 in 2020Q3 and by a further five points to 16 in 2020Q4. Although better, the current index level means that the vast majority (more than eighty per cent) of respondents read more
In 2020Q2, the FNB/BER Civil Confidence Index fell to only five. Sentiment improved to 11 in 2020Q3 and by a further five points to 16 in 2020Q4. Although better, the current index level means that the vast majority (more than eighty per cent) of respondents are dissatisfied with prevailing business conditions.


Building survey, 2020Q4 (Download sample)

Last updated: Dec 2 2020 8:00AM

The FNB/BER Building Confidence Index gained 20 points to 24 in 2020Q3. A further rise in confidence to 29 was registered in 2020Q4. This is the joint best level since the end of 2018. The Building Survey report provides a more comprehensive discussion on read more
The FNB/BER Building Confidence Index gained 20 points to 24 in 2020Q3. A further rise in confidence to 29 was registered in 2020Q4. This is the joint best level since the end of 2018. The Building Survey report provides a more comprehensive discussion on trends in the residential and non-residential sectors. Furthermore, it includes more detail on developments on the building pipeline front namely, architects and quantity surveyors. Apart from business confidence, survey data highlights current and expected trends in building activity, tendering competition and demand


Building survey, 2020Q4 (executive summary)

Last updated: Dec 2 2020 8:01AM

The FNB/BER Building Confidence Index gained 20 points to 24 in 2020Q3. A further rise in confidence to 29 was registered in 2020Q4. This is the joint best level since the end of 2018. Four out of the six sub-sectors surveyed reported higher confidence with read more
The FNB/BER Building Confidence Index gained 20 points to 24 in 2020Q3. A further rise in confidence to 29 was registered in 2020Q4. This is the joint best level since the end of 2018. Four out of the six sub-sectors surveyed reported higher confidence with sentiment among hardware retailers at a more than five-year high.


Civil Construction survey, 2020Q3 (Download sample)

Last updated: Sep 22 2020 7:58AM

Sentiment in the civil construction sector, as measured by the FNB/BER Civil Confidence Index, increased to a still low level of 11 in 2020Q3, from 5 in 2020Q2. Underpinning the low confidence was continued pressure on activity, which, while improved compared read more
Sentiment in the civil construction sector, as measured by the FNB/BER Civil Confidence Index, increased to a still low level of 11 in 2020Q3, from 5 in 2020Q2. Underpinning the low confidence was continued pressure on activity, which, while improved compared to 2020Q2, is likely well below the level recorded in 2019Q3. The report provides a brief overview of the latest trends and outlook for the civil construction sector.


Building survey, 2020Q3 (Download sample)

Last updated: Sep 15 2020 7:52AM

Building sector confidence, as measured by the FNB/BER Building Confidence Index, increased to 24 in 2020Q3, from 4 in 2020Q2. Leading this rise in confidence was a jump in sentiment among hardware retailers and building material manufacturers. This was read more
Building sector confidence, as measured by the FNB/BER Building Confidence Index, increased to 24 in 2020Q3, from 4 in 2020Q2. Leading this rise in confidence was a jump in sentiment among hardware retailers and building material manufacturers. This was supported by better-than-expected sales growth. The Building Survey report provides a more comprehensive discussion on trends in the residential and non-residential sectors. Furthermore, it includes more detail on developments on the building pipeline front namely, architects and quantity surveyors. Apart from business confidence, survey data highlights current and expected trends in building activity, tendering competition and demand.


Building survey, 2020Q3 (executive summary)

Last updated: Sep 15 2020 7:53AM

Building sector confidence, as measured by the FNB/BER Building Confidence Index, increased to 24 in 2020Q3, from 4 in 2020Q2. Leading this rise in confidence was a jump in sentiment among hardware retailers and building material manufacturers. This was read more
Building sector confidence, as measured by the FNB/BER Building Confidence Index, increased to 24 in 2020Q3, from 4 in 2020Q2. Leading this rise in confidence was a jump in sentiment among hardware retailers and building material manufacturers. This was supported by better-than-expected sales growth. The Building Survey report provides a more comprehensive discussion on trends in the residential and non-residential sectors. Furthermore, it includes more detail on developments on the building pipeline front namely, architects and quantity surveyors. Apart from business confidence, survey data highlights current and expected trends in building activity, tendering competition and demand.


Civil Construction Survey, 2020Q2 (Download sample)

Last updated: Jun 25 2020 8:50AM

After rising from 10 to 24 between 2019Q1 and 2020Q1, the FNB/BER Civil Confidence Index fell to an all-time low of 5 in 2020Q2. Underlying the fall in confidence was a steep drop in activity.


Building Survey, 2020Q2 (Download sample)

Last updated: Jun 18 2020 11:40AM

From an already depressed 13 in 2020Q1, the FNB/BER Building Confidence Index fell to an all-time low of 4 in 2020Q2. Underpinning the fall in sentiment was a sharp drop in building activity, as expected given the hard lockdown in April and partial shutdown read more
From an already depressed 13 in 2020Q1, the FNB/BER Building Confidence Index fell to an all-time low of 4 in 2020Q2. Underpinning the fall in sentiment was a sharp drop in building activity, as expected given the hard lockdown in April and partial shutdown in May.


Building survey, 2020Q2 (executive summary)

Last updated: Jun 18 2020 11:41AM

From an already depressed 13 in 2020Q1, the FNB/BER Building Confidence Index fell to an all-time low of 4 in 2020Q2. Underpinning the fall in sentiment was a sharp drop in building activity, as expected given the hard lockdown in April and partial shutdown read more
From an already depressed 13 in 2020Q1, the FNB/BER Building Confidence Index fell to an all-time low of 4 in 2020Q2. Underpinning the fall in sentiment was a sharp drop in building activity, as expected given the hard lockdown in April and partial shutdown in May.


Civil Construction survey, 2020Q1 (Download sample)

Last updated: Mar 31 2020 7:58AM

The FNB/BER Civil Confidence Index rose for the fourth straight quarter in 2020Q1. However, at 24, the index still signifies that the majority of civil contractors are dissatisfied with prevailing business conditions. read more
The FNB/BER Civil Confidence Index rose for the fourth straight quarter in 2020Q1. However, at 24, the index still signifies that the majority of civil contractors are dissatisfied with prevailing business conditions.


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