The SACCI Business Confidence Index (BCI) is a composite indicator that reflects the sentiment of the South African business community. It tracks various economic variables such as inflation, exchange rates, and manufacturing production to gauge the prevailing business climate. A higher reading indicates optimism, which often precedes increased investment and economic growth within the South African economy.
The index is calculated based on 13 economic variables, including physical and financial indicators. It uses a weighted average approach to provide a snapshot of the business environment relative to a base year.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Aug 18, 2026 | 125.40 | 123.80 | +1.60 |
| Jun 11, 2026 | 123.50 | 131.60 | -8.10 |
| Apr 21, 2026 | 123.60 | 115.00 | +8.60 |
| Feb 18, 2026 | 133.20 | 125.00 | +8.20 |
| Dec 11, 2025 | 132.30 | 124.00 | +8.30 |
| Oct 14, 2025 | 121.10 | 115.90 | +5.20 |
| Aug 14, 2025 | 113.20 | 117.00 | -3.80 |
| Aug 13, 2025 | 116.70 | 120.00 | -3.30 |
| Jun 11, 2025 | 115.80 | 124.00 | -8.20 |
| Apr 16, 2025 | 123.50 | 116.00 | +7.50 |
| Feb 12, 2025 | 121.00 | 120.00 | +1.00 |
| Dec 10, 2024 | 114.20 | 111.00 | +3.20 |
| Oct 15, 2024 | 111.50 | 110.00 | +1.50 |
| Aug 14, 2024 | 109.10 | 110.00 | -0.90 |
| Jun 11, 2024 | 108.90 | 113.80 | -4.90 |
| Apr 11, 2024 | 114.70 | 111.80 | +2.90 |
| Feb 8, 2024 | 112.10 | 112.00 | +0.10 |
| Dec 13, 2023 | 111.50 | 108.00 | +3.50 |
| Oct 12, 2023 | 108.20 | 108.00 | +0.20 |
| Aug 17, 2023 | 108.80 | 105.80 | +3.00 |
| Jun 14, 2023 | 106.90 | 111.00 | -4.10 |
| Apr 18, 2023 | 111.30 | 109.00 | +2.30 |
| Feb 15, 2023 | 117.30 | 109.60 | +7.70 |
| Dec 13, 2022 | 110.90 | 112.00 | -1.10 |
| Oct 12, 2022 | 110.90 | 110.00 | +0.90 |
| Aug 10, 2022 | 110.30 | 89.50 | +20.80 |
| Jun 14, 2022 | 93.70 | 94.70 | -1.00 |
| Apr 8, 2022 | 95.60 | 93.00 | +2.60 |
| Feb 9, 2022 | 92.00 | 91.00 | +1.00 |
| Dec 8, 2021 | 94.90 | 92.00 | +2.90 |
| Oct 11, 2021 | 91.00 | 97.00 | -6.00 |
| Date | First print | Current | Revision |
|---|---|---|---|
| Jun 11, 2026 | 124.1 | 123.5 | -0.60 ↓ |
| Apr 21, 2026 | 131.3 | 123.6 | -7.70 ↓ |
