Other Services confidence declined by 14 points to 55 in the first quarter of 2026. Though this is a statistically significant decline, at 55, confidence remains comfortably above both the 2025 average and the long-run average. The results suggest that the decline in confidence largely reflects a normalisation from the exceptionally strong fourth quarter rather than a broad deterioration in the sector.
Read MoreConfidence in the Other Services sector jumped by 23 points to 69 in 2025Q4, making it only the second time this metric is above 65 since 2008Q3, and marking a post-GFC2 record. This rise is driven by significant gains in business volumes, conditions, and profitability, all of which are now well above long-term averages. Concurrently, average selling price inflation fell in line with lower inflation in South Africa.
Read MoreOther Services confidence ticked up by one point to 46 in 2025Q3, remaining below the long-run average. While overall confidence held (more or less) steady in the Other Services sector in Q3, the underlying conditions do not support this result. Moreover, confidence levels across 2025 continue to track below those of 2024, signalling a broader slowdown in this segment of the economy.
Read MoreIn the second quarter of 2025, the confidence reading in Other Services fell to 45, below its long-run average again. While the Other Services survey has been relatively upbeat over the last year, boosted by interest rate easing, a more stable government, and a robust tourism season, many of these factors started to fade during the survey period. This weighed on activity and eroded confidence in this sector.
Read MoreBusiness confidence in the Other Services sector declined by 5 points to 52 in 2025Q1, despite an increase in business volumes and improved business conditions. However, at 52, confidence remains at its long-term average, indicating a balanced outlook—neither overly optimistic nor overly pessimistic. This level also means that just over half of respondents are satisfied with current business conditions.
Read MoreDespite a slight dip in business confidence, which fell by one point to 57 in Q4, sentiment within the Other Services sector remains relatively positive. Furthermore, confidence in other services for the entire 2024 is 8 points higher than in 2023. In Q4, total business volumes improved, while business conditions remained stable, both staying above their long-term averages.
Read MoreBusiness confidence in the Other Services sector improved from 55 to 58 in the third quarter of 2024. There has been a shift from the start of the year, when 2024 started with six out of ten respondents unsatisfied, to now nearly six out of ten respondents being satisfied with prevailing business conditions.
Read MoreBusiness confidence in the Other Services sector rose markedly to 55 in 2024Q2. The increase in business confidence for the overall Other Services sector was driven by increases in all the subsectors. The most striking of which was the increase in the real estate subsector.
Read MoreBusiness confidence in the other services sector declined by a further one point to 41 in the first quarter of 2024. This implies that about 6 out of 10 businesses in this sector are unsatisfied with business conditions. Following a recent peak reached in 2022Q4, confidence has moved lower.
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