The RMB/BER business confidence index in South Africa is stable at 45 in Q1 2025, the highest in nearly three years, despite four sectors experiencing declines in confidence compared to the previous quarter. A significant rise in new vehicle dealers’ confidence helped mitigate overall declines. This index remains above the long-term average of 43.
The RMB/BER business confidence index in South Africa held steady at 45 in Q1 2025, marking the highest level in nearly three years. This figure remains above the long-term average of 43 and reflects an improvement compared to the previous year. However, despite overall stability, four out of five sectors reported a decline in confidence from Q4 2024. Notably, new vehicle dealers experienced a significant boost, with a 29-point rise that somewhat countered the downturns in other areas.
In summary, South Africa’s business sentiment remains stable at a near three-year high despite a decline in confidence among most sectors. The rise in confidence among new vehicle dealers is a positive note that contributes to this stable index reading, but concerns about broader sector performance persist.
Original Source: www.tradingview.com
