B2B Central

consumer confidence

22 Apr 2024

Afriplex sets out to pioneer SSCI standards in Africa

By Staff Writer

As a leading player in the nutritional supplement industry, Afriplex is on the verge of making history as the first company in Africa to align with the rigorous standards of the Supplement Safety & Compliance Initiative (SSCI). SSCI is an industry-driven initiative led by retailers in the US to provide a harmonised benchmark that recognises...
06 Sep 2021

Consumer confidence edges up despite riots and looting

By Staff Writer

Having slipped from -9 to -13 index points during the second quarter of 2021, the FNB/BER Consumer Confidence Index (CCI) recovered some lost ground to -10 in the third quarter of 2021. The fact that consumer sentiment did not deteriorate further on the back of the violent protests and rampant looting that tore through KwaZulu-Natal and Gauteng during July points to a level of resilience among consumers, and by extension consumer spending, during the third quarter of 2021.
25 Apr 2018

Surge in consumer confidence reflects #Ramaprogress

By Janice Roberts

  By Christie Viljoen, PwC Economist. The Bureau for Economic Research (BER) reported on April 25th that South African consumer confidence rebounded during the first quarter of 2o18. In fact, sentiment jumped to the highest on record during the period. The improvement between 2017Q4 and 2018Q1 was also the largest on record, eclipsing the jump...
07 Jul 2016

SA economy finding a new balance

By Janice Roberts

The additional fall in the FNB/BER Consumer Confidence Index in 2Q16 is not surprising considering increased pressure on households’ real income amid higher inflation and constrained employment growth or even retrenchments. Generally, the depressed level of consumer confidence suggests continued weakness in consumption spending by households (real consumption spending fell outright by 1.3% annualised in...
12 Apr 2016

Consumer confidence remains at a low level

By Janice Roberts

After plunging from -5 index points in 3Q2015 to -14 in 4Q2015, the FNB/BER Consumer Confidence Index (CCI) recovered some lost ground to -9 in 1Q2016.