Business confidence survey in South Africa, March, 2020
For that indicator, we provide data for South Africa from March 1980 to March 2020. The average value for South Africa during that period was -9.95 points with a minimum of -80 points in September 1985 and a maximum of 82 points in September 1980.
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Source: Bureau of Economic Research of South Africa
Definition: The business survey indicator provides information on the amount of optimism or pessimism that business managers feel about the prospects of their companies, based upon opinion surveys on developments in production, orders and stocks of finished goods and the general economic situation of the company. It can be used to monitor output growth and to anticipate turning points in economic activity.