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Petrol price (Gauteng) = 13.76/litre  Petrol price (Coastal) = 13.27/litre  CPI March '18 = 3.8% y-o-y  PPI manufacturing January '18 = 5.1%  GDP growth Q4 = 1.9% y-o-y  Prime interest rate = 10.25%  Unemployment rate Q4 = 26.7%  Retail sales February '18 = 4.9% y-o-y  Manufacturing output February '18 = 0.6% y-o-y 
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Business Confidence Index
Consumer Confidence Index
Building Confidence Index
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Purchasing Managers' Index
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FNB/BER Consumer Confidence Index

A quarterly report that contains the latest reading of the FNB/BER Consumer Confidence Index as well as a brief discussion on the implications of the results. Detailed data on consumer confidence is provided, disaggregated by income, LSM and population groups as well as per province.

The FNB/BER Consumer Confidence Index (CCI) combines the results of three questions posed to adults living in predominantly urban areas in South Africa, namely the expected performance of the economy, the expected financial position of households and the rating of the appropriateness of the present time to buy durable goods, such as furniture, appliances and electronic equipment.

Consumer confidence is expressed as a net balance, which is calculated as the percentage of respondents expecting an improvement / good time to buy durable goods less the percentage expecting a deterioration / bad time to buy durable goods.

Theoretically, the FNB/BER CCI can vary between –100 and 100, but the index has fluctuated between –33 (indicating an extreme lack of confidence) and +23 (indicating extreme confidence) since the BER started measuring consumer confidence comprehensively in 1982. The average of the index is +2 and could therefore be regarded as the neutral level.

Click here for more information on how the BER’s consumer survey is conducted.

FNB/BER Consumer Confidence Index (History Data), 2017

Last updated: Jan 30 2018 4:05PM

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 more
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 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.

FNB/BER Consumer Confidence Index, 2017Q4 (Download sample)

Last updated: Jan 30 2018 3:59PM

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 more
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 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.

FNB/BER Consumer Confidence Index (Text Only), 2017Q4 (Download sample)

Last updated: Jan 30 2018 4:00PM

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 more
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 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.

FNB/BER consumer confidence indices, 2017Q4 (demographic and provincial breakdown, pdf)

Last updated: Jan 31 2018 8:38AM

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 more
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 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.

FNB/BER consumer confidence indices, 2017Q2 (demographic and provincial breakdown, pdf)

Last updated: Jul 12 2017 7:51AM

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 more
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 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/BER Consumer Confidence Index, 2017Q2 (Download sample)

Last updated: Jul 12 2017 7:54AM

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 more
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 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/BER Consumer Confidence Index (Text Only), 2017Q2 (Download sample)

Last updated: Jul 12 2017 7:56AM

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 more
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 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.

Postponement of 2017Q1 CCI results (Download sample)

Last updated: Apr 25 2017 2:47PM

We regret to inform you that the first quarter of 2017 consumer confidence index (CCI) will not be released at the end of April as planned. Instead, we hope to release the CCI results at the end of June or beginning of July 2017. read more
We regret to inform you that the first quarter of 2017 consumer confidence index (CCI) will not be released at the end of April as planned. Instead, we hope to release the CCI results at the end of June or beginning of July 2017.

FNB/BER Consumer Confidence Index, 2016Q4 (Download sample)

Last updated: Jan 19 2017 8:34AM

After rebounding from -11 index points in 2016Q2 to -3 in 2016Q3, the FNB/BER Consumer Confidence Index (CCI) sagged back to -10 in 2016Q4. The deterioration in consumer sentiment during 2016Q4 came on the back of a reversal in the gains that were made during read more
After rebounding from -11 index points in 2016Q2 to -3 in 2016Q3, the FNB/BER Consumer Confidence Index (CCI) sagged back to -10 in 2016Q4. The deterioration in consumer sentiment during 2016Q4 came on the back of a reversal in the gains that were made during the third quarter for the two forward-looking sub-indices of the CCI.

FNB/BER consumer confidence indices, 2016Q4 (demographic and provincial breakdown, pdf)

Last updated: Jan 19 2017 8:35AM

After rebounding from -11 index points in 2016Q2 to -3 in 2016Q3, the FNB/BER Consumer Confidence Index (CCI) sagged back to -10 in 2016Q4. The deterioration in consumer sentiment during 2016Q4 came on the back of a reversal in the gains that were made during read more
After rebounding from -11 index points in 2016Q2 to -3 in 2016Q3, the FNB/BER Consumer Confidence Index (CCI) sagged back to -10 in 2016Q4. The deterioration in consumer sentiment during 2016Q4 came on the back of a reversal in the gains that were made during the third quarter for the two forward-looking sub-indices of the CCI.

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