WebMar 27, 2024 · Consumer confidence has been rocked by the electricity crisis and cost-of-living concerns. Having recovered from -20 to -8 index points during the fourth quarter of 2024, the FNB/BER Consumer Confidence Index (CCI) plunged to -23 index points during the first read more Other services survey results 2024Q1, press release WebMar 23, 2024 · FNB/BER Consumer Confidence Index reflects the level of consumer confidence South Africa's economic activity. The Bureau for Economic Research conducts a quarterly survey among a representative sample of 2500 adults who reside primarily in urban areas of South Africa. The questionnaire contains three questions: expected …
South Africa Consumer Confidence - 2024 Data - 2024 Forecast
WebSep 6, 2024 · The FNB/BER Consumer Confidence Index (CCI) improved to -10 in Q3 from -13 in Q2. The figure was well below the +2 pre-Covid average, but economists at FNB said the slight improvement showed a ... Web• Retail sales will likely pick up slightly in the last two months of the year, following the slight uptick in the FNB/BER consumer confidence indicator in Q4. Nonetheless, underlying consumer confidence remains weak, hurt by growing strain on household incomes due to high inflation, rising interest rates, and weak job prospects. ird number new arrival
FNB/BER Consumer Confidence Index
WebThe FNB/BER Consumer Confidence Index for South Africa improved to -8 points in the fourth quarter of 2024, the highest in two years, from -20 points in the previous period. Still, the index has been in negative territory for 14 straight quarters, the longest stretch since the series began in 1982, signaling depressed consumer sentiment. The household … WebJul 6, 2016 · The FNB/BER Consumer Confidence Index (CCI) slumped back to -11 in the second quarter 2016, after edging up from -14 index points in fourth quarter 2015 to -9 in the first quarter 2016. Consumer confidence levels remain far more depressed compared to the lowest reading recorded during the 2008/09 global financial crisis and recession (-6 ... WebMar 23, 2024 · In the latest signal that surging power cuts have dimmed any prospects for economic growth in South Africa, the FNB/BER Consumer Confidence Index (CCI) … ird number application for estate