The South African Chamber of Commerce and Industry (SACCI) business confidence index edged down to 120 in January 2025, from December's 121, which marked the highest level since February 2015. The dip in the index was primarily attributed to lower export volumes, although stronger imports, vehicle sales, and rising tourist numbers had a positive influence. SACCI said that new policies under the colation government formed in June last year had triggered a broad-based improvement in South African business sentiment, but noted that the approach of US President Donald Trump's new administration was a source of uncertainty. source: South African Chamber of Commerce and Industry (SACCI)
Coincident Index in South Africa decreased to 120 points in January from 121 points in December of 2024. Coincident Index in South Africa averaged 123.24 points from 1985 until 2025, reaching an all time high of 163.17 points in December of 2006 and a record low of 81.00 points in May of 2020. This page provides - South Africa SACCI Business Confidence Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa SACCI Business Confidence Index - data, historical chart, forecasts and calendar of releases - was last updated on February of 2025.
Coincident Index in South Africa decreased to 120 points in January from 121 points in December of 2024. Coincident Index in South Africa is expected to be 116.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa SACCI Business Confidence Index is projected to trend around 115.00 points in 2026 and 117.00 points in 2027, according to our econometric models.