RMB/BER South Africa Business Confidence Index

Country: South Africa, ZAR
Importance:
Low
Sector: Business
Last release
Actual
39
Forecast
Previous
47
Date (GMT)
Reference
Actual
Forecast
2 Q 2021
50
1 Q 2021
35
4 Q 2020
40
3 Q 2020
24
2 Q 2020
5
1 Q 2020
18
4 Q 2019
26
3 Q 2019
21
2 Q 2019
28
1 Q 2019
28
4 Q 2018
31

The RMB/BER Business Confidence Index reflects the general state of the economy as it relates to business doing conditions in South Africa.

The Business Confidence index can have values from 0 to 100, with 0 denoting pessimism and extreme uncertainty, 50 showing neutrality and 100 meaning the highest confidence. Higher than expected readings can be seen as positive for the South African rand.

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