Business Confidence Index in South Africa
South Africa| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The SACCI Business Confidence Index is a monthly indicator released by the South African Chamber of Commerce and Industry (SACCI), which shows how confident businesses in South Africa are about the current economic conditions.
This index is calculated taking into account factors such as production, orders, sales, inventory, and employment. A high index indicates that businesses are optimistic about the economy, showing a willingness to increase investment and employment. Conversely, a low index suggests pessimism among businesses towards the economy, potentially leading to reduced investment and employment.
This data serves as crucial reference material for policymakers to assess the current economic situation and formulate appropriate economic policies. Additionally, it is an important source of information for businesses and investors to analyze trends in business confidence and economic outlook.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
