Business Confidence Index in South Africa

Camara de Comercio e Industria de Sudafrica (SACCI) · Monthly · Importance 50

125.4 (Jul-26) ABS · index · Mensual · CSV

About this indicator

Source	South African Chamber of Commerce and Industry (SACCI)
Frequency	Monthly
Release	Hacia mediados del mes siguiente al de referencia (aprox. dia 18, 09:30 GMT / 11:30 SAST); SACCI no fija fecha exacta
What it is	The SACCI Business Confidence Index (BCI) measures the business climate in South Africa. It is a composite index (2020 base = 100) summarising business confidence from thirteen sub-indices of economic activity; a level above 100 signals a more favourable environment than the base year, and it is one of the figures watched by the market.
How it's calculated	SACCI combines thirteen sub-indices (real and effective exchange rate, commodity prices, real exports and imports, retail sales, new vehicle sales, vehicle registrations, construction, energy, manufacturing output, share prices, financing and inflation), normalises them to the 2020 = 100 base and aggregates them into a single monthly business-climate index.
Market implications	It reflects the mood of business. A rise points to better investment and activity expectations (positive for growth and the rand); a fall suggests business caution. It is a medium-impact figure for the rand and SARB rates.
Limitations	It is a soft confidence indicator, sensitive to one-off shocks and expectations, and can diverge from hard activity data. SACCI is a private body and the release date is not fixed (usually mid-month of the following month).