South Africa Business Confidence

ZAR
Actual
110.3
Previous
108.5
Latest Release
Aug 10, 2022
Importance
Overview
Confidence indicator is a measure of the mood of consumers or businesses. It is usually based on a survey during which respondents rate their opinion on different isues concerning current and future conditons. Consumers opinion are typically expressed with answers like: better, same, worse or positive, negative and unchanged. Results of such surveys are calculated by subtracting the negative replies from the positive ones. Business confidence indicator is closely linked to corporate spending and correlated with employment, consumption and investment. Therefore it is carefully watched as an indication of possible changes in the overall economic growth.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Aug 10, 2022 (Jul) 11:31 110.3 -
108.5
Aug 10, 2022 11:30 108.5 -
89.3
Jun 14, 2022 11:05 89.3 -
93.7
Jun 14, 2022 (Apr) 11:00 93.7 -
95.6
Apr 08, 2022 (Mar) 11:30 95.6 -
94.1
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South African Business Confidence News & Analysis
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    Economic Rebound in 4Q21, Recovery Still Precarious

    Economic rebound in 4Q21, recovery still precariousStats SA will release 4Q21 GDP data next week Tuesday. The data is broadly expected to show that the economy rebounded from a 1.5% q/q...

    • First National Bank
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    The Week Ahead - market updates

    US jobsThe US economy created 467 000 jobs in Jan, much higher than the consensus expectations for 150 000, notably due to job gains in the leisure and hospitality sector, which confounded...

    • INCE|Connect
  • © Reuters sizes=

    The Week Ahead

    US jobsIn the week ending Jan 1, the advance figure for seasonally adjusted initial claims was 207 000, an increase of 7 000 from the previous week's revised level. The previous week's level...

    • INCE|Connect
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