FNB/BER Consumer Confidence Index

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FNB/BER Consumer Confidence Index

A quarterly report that contains the latest reading of the FNB/BER Consumer Confidence Index as well as a brief discussion on the implications of the results. Detailed data on consumer confidence is provided, disaggregated by income category and population group.

The FNB/BER Consumer Confidence Index (CCI) combines the results of three questions posed to adults living in predominantly urban areas in South Africa, namely the expected performance of the economy, the expected financial position of households and the rating of the appropriateness of the present time to buy durable goods, such as furniture, appliances and electronic equipment. Consumer confidence is expressed as a net balance, which is calculated as the percentage of respondents expecting an improvement / good time to buy durable goods less the percentage expecting a deterioration / bad time to buy durable goods. Click here for more information on how the BER’s consumer survey is conducted.

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FNB/BER Consumer Confidence Index, 2024Q3

Date Uploaded: September 17 2024 10:00


The FNB/BER Consumer Confidence Index (CCI) jumped from -10 to -5 index points during the third quarter of 2024, recording its second consecutive 5-point increase. Although the latest reading remains somewhat below the long-term average of the CCI (at zero since 1994), the reading of -5 is the highest that confidence has been since the first half of 2019.