Following three consecutive increases, the RMB/BER Business Confidence Index (BCI) remained unchanged at 45 index points in the first quarter of 2025. While a touch above the long-term average reading of 43 points, and well above the sentiment level recorded at the start of last year, it is worrying that four of the five sectors saw confidence slip relative to the fourth quarter of last year. New vehicle dealers saw a 29-point surge in confidence, which offset the decline in confidence from all other sectors.
Read MoreFollowing three consecutive increases, the RMB/BER Business Confidence Index (BCI) remained unchanged at 45 index points in the first quarter of 2025. While a touch above the long-term average reading of 43 points, and well above the sentiment level recorded at the start of last year, it is worrying that four of the five sectors saw confidence slip relative to the fourth quarter of last year. New vehicle dealers saw a 29-point surge in confidence, which offset the decline in confidence from all other sectors.
Read MoreFollowing three consecutive increases, the RMB/BER Business Confidence Index (BCI) remained unchanged at 45 index points in the first quarter of 2025. While a touch above the long-term average reading of 43 points, and well above the sentiment level recorded at the start of last year, it is worrying that four of the five sectors saw confidence slip relative to the fourth quarter of last year. New vehicle dealers saw a 29-point surge in confidence, which offset the decline in confidence from all other sectors.
Read MoreThe RMB/BER Business Confidence Index (BCI) rose to 45 index points in the fourth quarter of 2024, up from 38 in the third quarter, meaning that just under half of the respondents are satisfied with prevailing business conditions. This was the third consecutive increase, which now puts the index almost 20 points above a recent low of 27 reached in the second quarter of 2023. Encouragingly, the rise in sentiment was supported by an improvement in activity and better business conditions relative to the third quarter.
Read MoreThe RMB/BER Business Confidence Index (BCI) rose to 45 index points in the fourth quarter of 2024, up from 38 in the third quarter, meaning that just under half of the respondents are satisfied with prevailing business conditions. This was the third consecutive increase, which now puts the index almost 20 points above a recent low of 27 reached in the second quarter of 2023. Encouragingly, the rise in sentiment was supported by an improvement in activity and better business conditions relative to the third quarter.
Read MoreFollowing a five-point increase in the second quarter, the RMB/BER BCI rose by another three points to reach 38 in the third quarter of 2024. This is the first business sentiment survey in South Africa following the formation of the Government of National Unity (GNU) and reflects cautious optimism about improving business conditions.
Read MoreFollowing a five-point increase in the second quarter, the RMB/BER BCI rose by another three points to reach 38 in the third quarter of 2024. This is the first business sentiment survey in South Africa following the formation of the Government of National Unity (GNU) and reflects cautious optimism about improving business conditions.
Read MoreThe RMB/BER BCI rose by five points to 35% in the second quarter of 2024. This means that roughly just over a third of the survey respondents were satisfied with prevailing business conditions. The survey results predate the outcome of the elections.
Read MoreThe RMB/BER BCI rose by five points to 35% in the second quarter of 2024. This means that roughly just over a third of the survey respondents were satisfied with prevailing business conditions. The survey results predate the outcome of the elections.
Read MoreFollowing a two-point decline in the fourth quarter of 2023, the RMB/BER BCI ticked down by another point to reach 30 in the first quarter of 2024. This means that seven out of ten survey respondents are unsatisfied with prevailing business conditions.
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