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The FNB/BER Civil Confidence Index reveals the percentage of respondents that are satisfied with prevailing business conditions in the civil construction sector.
Date Uploaded: December 06 2021 09:00
After rising to 17 in 2021Q3, the FNB/BER Civil Confidence Index slipped to 15 in 2021Q4. The current index level means that the vast majority (eighty-five per cent) of respondents are dissatisfied with prevailing business conditions. Importantly, sentiment declined this quarter even though key indicators such as activity and profitability improved.