South Africa: Business confidence survey
* indicates monthly or quarterly data series
The most recent value is -24 points as of Q3 2024, an increase compared to the previous value of -30 points. Historically, the average for South Africa from Q1 1975 to Q3 2024 is -14.89 points. The minimum of -90 points was recorded in Q2 2020, while the maximum of 84 points was reached in Q3 1980.
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* indicates monthly or quarterly data series
- Measure: points
- Source: Bureau of Economic Research of South Africa
| Recent values | South Africa: Business confidence survey |
|---|---|
| 2024 Q3 | -24 |
| 2024 Q2 | -30 |
| 2024 Q1 | -40 |
| 2023 Q4 | -38 |
| 2023 Q3 | -34 |
| 2023 Q2 | -46 |
| 2023 Q1 | -28 |
| 2022 Q4 | -24 |
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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.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Industrial production | -0.80 | 9/2024 | percent |
| Retail sales Y-on-Y | 0.90 | 9/2024 | percent |
| House price index | 177.47 | Q2/2024 | index points |
| Real residential property prices Y-on-Y change | -4.33 | Q2/2024 | percent |
| Business confidence survey | -24.00 | Q3/2024 | points |
| Consumer confidence survey | -5.00 | Q3/2024 | points |