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Petrol price (Gauteng) = 24.17/litre  Petrol price (Coastal) = 23.52/litre  CPI May '22 = 6.5% y-o-y  PPI manufacturing April '22 = 13.1%  GDP growth Q1 = 2.9% y-o-y  Prime interest rate = 8.25%  Unemployment rate Q1 = 34.5%  Retail sales April '22 = 3.4% y-o-y  Manufacturing output April '22 = -7.8% 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, 2022Q2 (Download sample)

Last updated: Jun 29 2022 6:46PM

Sentiment among contractors in the civil construction sector, as measured by the FNB/BER Civil Confidence Index, remained low at 10 in 2022Q2, from 9 in 2022Q1. The current index level means that ninety per cent of respondents are dissatisfied with prevailing read more
Sentiment among contractors in the civil construction sector, as measured by the FNB/BER Civil Confidence Index, remained low at 10 in 2022Q2, from 9 in 2022Q1. The current index level means that ninety per cent of respondents are dissatisfied with prevailing business conditions. Underpinning the still low confidence was poorer construction activity.


Building survey, 2022Q2 (Download sample)

Last updated: Jun 14 2022 2:55PM

Building sector confidence, as measured by the FNB/BER Building Confidence Index, declined to 34, from 40 in 2022Q1. By far the biggest drag on confidence was the building material manufacturing sector where confidence fell by 43 index points to only 12. This read more
Building sector confidence, as measured by the FNB/BER Building Confidence Index, declined to 34, from 40 in 2022Q1. By far the biggest drag on confidence was the building material manufacturing sector where confidence fell by 43 index points to only 12. This was partially offset by a 21-point jump in main contractor confidence. On a more positive note, confidence in the “core” building sector (excluding building material manufacturers and hardware retailers) increased to 35, from 31 in 2022Q1


Building survey (executive summary), 2022Q2

Last updated: Jun 14 2022 2:56PM

Building sector confidence, as measured by the FNB/BER Building Confidence Index, declined to 34, from 40 in 2022Q1. By far the biggest drag on confidence was the building material manufacturing sector where confidence fell by 43 index points to only 12. This read more
Building sector confidence, as measured by the FNB/BER Building Confidence Index, declined to 34, from 40 in 2022Q1. By far the biggest drag on confidence was the building material manufacturing sector where confidence fell by 43 index points to only 12. This was partially offset by a 21-point jump in main contractor confidence. On a more positive note, confidence in the “core” building sector (excluding building material manufacturers and hardware retailers) increased to 35, from 31 in 2022Q1


Civil Construction survey, 2022Q1 (Download sample)

Last updated: Mar 30 2022 3:49PM

The FNB/BER Civil Confidence Index declined to 9, from 15 in 2021Q4. Overall, a stabilisation in activity growth and an expectation that activity will improve further next quarter was unable to offset concerns about the slow pace at which project tenders are read more
The FNB/BER Civil Confidence Index declined to 9, from 15 in 2021Q4. Overall, a stabilisation in activity growth and an expectation that activity will improve further next quarter was unable to offset concerns about the slow pace at which project tenders are adjudicated and awarded.


Building survey, 2022Q1 (Download sample)

Last updated: Mar 15 2022 8:36AM

After slipping to 34 in 2021Q4, the FNB/BER Building Confidence Index rose to 40 in 2022Q1. Although this is a four-year high, most of the improvement in the business mood came from building material manufacturers and building sub-contractors. read more
After slipping to 34 in 2021Q4, the FNB/BER Building Confidence Index rose to 40 in 2022Q1. Although this is a four-year high, most of the improvement in the business mood came from building material manufacturers and building sub-contractors.


Building survey (executive summary), 2022Q1

Last updated: Mar 15 2022 8:38AM

After slipping to 34 in 2021Q4, the FNB/BER Building Confidence Index rose to 40 in 2022Q1. Although this is a four-year high, most of the improvement in the business mood came from building material manufacturers and building sub-contractors. read more
After slipping to 34 in 2021Q4, the FNB/BER Building Confidence Index rose to 40 in 2022Q1. Although this is a four-year high, most of the improvement in the business mood came from building material manufacturers and building sub-contractors.


Civil Construction survey, 2021Q4 (Download sample)

Last updated: Dec 3 2021 5:07PM

After rising to 17 in 2021Q3, the FNB/BER Civil Confidence Index slipped to 15 in 2021Q4. The current index level means that the vast majority (eighty-five per cent) of respondents are dissatisfied with prevailing business conditions. Importantly, sentiment read more
After rising to 17 in 2021Q3, the FNB/BER Civil Confidence Index slipped to 15 in 2021Q4. The current index level means that the vast majority (eighty-five per cent) of respondents are dissatisfied with prevailing business conditions. Importantly, sentiment declined this quarter even though key indicators such as activity and profitability improved.


Building survey, 2021Q4 (Download sample)

Last updated: Nov 29 2021 3:10PM

After slipping to 35 in 2021Q3, the FNB/BER Building Confidence Index was marginally lower at 34 in 2021Q4. Importantly, the “core” building sector index (excluding the hardware retailers and building material manufacturing sector) rose to 27, from 20 in read more
After slipping to 35 in 2021Q3, the FNB/BER Building Confidence Index was marginally lower at 34 in 2021Q4. Importantly, the “core” building sector index (excluding the hardware retailers and building material manufacturing sector) rose to 27, from 20 in 2021Q3. Although still very low, this is the best level since 2019Q2.


Building survey (executive summary), 2021Q4

Last updated: Nov 29 2021 3:17PM

After slipping to 35 in 2021Q3, the FNB/BER Building Confidence Index was marginally lower at 34 in 2021Q4. Importantly, the “core” building sector index (excluding the hardware retailers and building material manufacturing sector) rose to 27, from 20 in read more
After slipping to 35 in 2021Q3, the FNB/BER Building Confidence Index was marginally lower at 34 in 2021Q4. Importantly, the “core” building sector index (excluding the hardware retailers and building material manufacturing sector) rose to 27, from 20 in 2021Q3. Although still very low, this is the best level since 2019Q2.


Civil Construction survey, 2021Q3 (Download sample)

Last updated: Sep 20 2021 5:59PM

After falling to 13 in 2021Q2, the FNB/BER Civil Confidence Index edged higher to 17. The index has been around the 20-point mark since the middle of 2017. The current index level means that the vast majority (more than eighty per cent) of respondents are read more
After falling to 13 in 2021Q2, the FNB/BER Civil Confidence Index edged higher to 17. The index has been around the 20-point mark since the middle of 2017. The current index level means that the vast majority (more than eighty per cent) of respondents are dissatisfied with prevailing business conditions.


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