Activity & Production - South Africa - BER - Consumer Confidence Index

This dataset includes quarterly consumer confidence index published by Bureau for Economic Research (BER). 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. Theoretically, the FNB/BER CCI can vary between –100 and 100, but the index has fluctuated between –33 (indicating an extreme lack of confidence) and +23 (indicating extreme confidence) since the BER started measuring consumer confidence comprehensively in 1982. The average of the index is +2 and could therefore be regarded as the neutral level. For more information about methodology please refer to: https://www.ber.ac.za/About-BER/Product-offering/Surveys/Surveys-Method/