FNB/BER Consumer Confidence Index
FNB/BER Consumer Confidence Index, 2018Q2 (Download sample)
Last updated: Jul 17 2018 7:44AM
After skyrocketing to an all-time high during the first quarter of 2018, the FNB/BER Consumer Confidence Index (CCI) dipped marginally in the second quarter. Since negative corrections have typically followed large spikes in the CCI in the past, we are
read moreAfter skyrocketing to an all-time high during the first quarter of 2018, the FNB/BER Consumer Confidence Index (CCI) dipped marginally in the second quarter. Since negative corrections have typically followed large spikes in the CCI in the past, we are somewhat surprised that consumer confidence levels remained so high following the unparalleled surge in consumer sentiment during the first quarter of 2018. Furthermore, there were several adverse developments in recent months that had the potential to deflate consumer confidence. Although the elevated consumer confidence level suggests that consumers remain most willing to spend their money, this does not necessarily imply that actual consumer spending remained robust during the second quarter. Household income levels and/or access to credit would have had to improve in conjunction with the positive sentiment to see strong household expenditure growth during the second quarter. Although the seeds of an economic recovery were planted with President Ramaphosa's "new dawn" and pledge to eradicate the scourge of corruption, further investor-friendly reforms are urgently needed to boost economic growth and household income levels to avoid bitter disappointment.
FNB/BER Consumer Confidence Index (Text Only), 2018Q2 (Download sample)
Last updated: Jul 17 2018 7:45AM
After skyrocketing to an all-time high during the first quarter of 2018, the FNB/BER Consumer Confidence Index (CCI) dipped marginally in the second quarter. Since negative corrections have typically followed large spikes in the CCI in the past, we are
read moreAfter skyrocketing to an all-time high during the first quarter of 2018, the FNB/BER Consumer Confidence Index (CCI) dipped marginally in the second quarter. Since negative corrections have typically followed large spikes in the CCI in the past, we are somewhat surprised that consumer confidence levels remained so high following the unparalleled surge in consumer sentiment during the first quarter of 2018. Furthermore, there were several adverse developments in recent months that had the potential to deflate consumer confidence. Although the elevated consumer confidence level suggests that consumers remain most willing to spend their money, this does not necessarily imply that actual consumer spending remained robust during the second quarter. Household income levels and/or access to credit would have had to improve in conjunction with the positive sentiment to see strong household expenditure growth during the second quarter. Although the seeds of an economic recovery were planted with President Ramaphosa's "new dawn" and pledge to eradicate the scourge of corruption, further investor-friendly reforms are urgently needed to boost economic growth and household income levels to avoid bitter disappointment.
FNB/BER Consumer Confidence Index (History Data), 2018
Last updated: Jul 17 2018 7:51AM
After skyrocketing to an all-time high during the first quarter of 2018, the FNB/BER Consumer Confidence Index (CCI) dipped marginally in the second quarter. Since negative corrections have typically followed large spikes in the CCI in the past, we are
read moreAfter skyrocketing to an all-time high during the first quarter of 2018, the FNB/BER Consumer Confidence Index (CCI) dipped marginally in the second quarter. Since negative corrections have typically followed large spikes in the CCI in the past, we are somewhat surprised that consumer confidence levels remained so high following the unparalleled surge in consumer sentiment during the first quarter of 2018. Furthermore, there were several adverse developments in recent months that had the potential to deflate consumer confidence. Although the elevated consumer confidence level suggests that consumers remain most willing to spend their money, this does not necessarily imply that actual consumer spending remained robust during the second quarter. Household income levels and/or access to credit would have had to improve in conjunction with the positive sentiment to see strong household expenditure growth during the second quarter. Although the seeds of an economic recovery were planted with President Ramaphosa's "new dawn" and pledge to eradicate the scourge of corruption, further investor-friendly reforms are urgently needed to boost economic growth and household income levels to avoid bitter disappointment.
FNB/BER consumer confidence indices, 2018Q2 (demographic and provincial breakdown, pdf)
Last updated: Jul 17 2018 10:00AM
After skyrocketing to an all-time high during the first quarter of 2018, the FNB/BER Consumer Confidence Index (CCI) dipped marginally in the second quarter. Since negative corrections have typically followed large spikes in the CCI in the past, we are
read moreAfter skyrocketing to an all-time high during the first quarter of 2018, the FNB/BER Consumer Confidence Index (CCI) dipped marginally in the second quarter. Since negative corrections have typically followed large spikes in the CCI in the past, we are somewhat surprised that consumer confidence levels remained so high following the unparalleled surge in consumer sentiment during the first quarter of 2018. Furthermore, there were several adverse developments in recent months that had the potential to deflate consumer confidence. Although the elevated consumer confidence level suggests that consumers remain most willing to spend their money, this does not necessarily imply that actual consumer spending remained robust during the second quarter. Household income levels and/or access to credit would have had to improve in conjunction with the positive sentiment to see strong household expenditure growth during the second quarter. Although the seeds of an economic recovery were planted with President Ramaphosa's "new dawn" and pledge to eradicate the scourge of corruption, further investor-friendly reforms are urgently needed to boost economic growth and household income levels to avoid bitter disappointment.
FNB/BER consumer confidence indices, 2018Q1 (demographic and provincial breakdown, pdf)
Last updated: Apr 25 2018 12:17PM
After hovering around below zero for most of 2017, the FNB/BER Consumer Confidence Index (CCI) skyrocketed to an all-time high in the first quarter of 2018. The jump in the first quarter of 2018 breaks the trend of below-zero readings on the CCI and indicates
read moreAfter hovering around below zero for most of 2017, the FNB/BER Consumer Confidence Index (CCI) skyrocketed to an all-time high in the first quarter of 2018. The jump in the first quarter of 2018 breaks the trend of below-zero readings on the CCI and indicates that most consumers are now optimistic about the outlook for the South African economy and their household finances.
FNB/BER Consumer Confidence Index, 2018Q1 (Download sample)
Last updated: Apr 25 2018 12:18PM
After hovering around below zero for most of 2017, the FNB/BER Consumer Confidence Index (CCI) skyrocketed to an all-time high in the first quarter of 2018. The jump in the first quarter of 2018 breaks the trend of below-zero readings on the CCI and indicates
read moreAfter hovering around below zero for most of 2017, the FNB/BER Consumer Confidence Index (CCI) skyrocketed to an all-time high in the first quarter of 2018. The jump in the first quarter of 2018 breaks the trend of below-zero readings on the CCI and indicates that most consumers are now optimistic about the outlook for the South African economy and their household finances.
FNB/BER Consumer Confidence Index (Text Only), 2018Q1 (Download sample)
Last updated: Apr 25 2018 12:19PM
After hovering around below zero for most of 2017, the FNB/BER Consumer Confidence Index (CCI) skyrocketed to an all-time high in the first quarter of 2018. The jump in the first quarter of 2018 breaks the trend of below-zero readings on the CCI and indicates
read moreAfter hovering around below zero for most of 2017, the FNB/BER Consumer Confidence Index (CCI) skyrocketed to an all-time high in the first quarter of 2018. The jump in the first quarter of 2018 breaks the trend of below-zero readings on the CCI and indicates that most consumers are now optimistic about the outlook for the South African economy and their household finances.
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 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.
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 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.
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 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.