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Quarterly Business Confidence Index in South Africa

Country:
ZARSouth Africa
Importance:
Data Trends
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DateValue
ForecastActualDeviation
Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
1 min later5 min later10 min later15 min later30 min later
About Quarterly Business Confidence Index in South Africa

The Business Confidence Index of the Bureau for Economic Research (BER) in South Africa is released quarterly and indicates how confident businesses are about the economic situation in South Africa. This index takes into account factors such as production, orders, sales, inventory, and employment when calculated.

A high index suggests that businesses are optimistic about the economy, indicating a willingness to increase investment and employment. Conversely, a low index suggests pessimism among businesses, potentially leading to reduced investment and employment. This index is a critical measure for evaluating business economic outlook and confidence.

This data serves as important reference material for policymakers to assess the current economic situation and formulate appropriate economic policies. It also provides vital information for businesses and investors to understand trends in business confidence and economic outlook.

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