South Africa consumer confidence


South Africa consumer confidence: -12 (-20%)
Last Update: June 30, 2024

South Africa consumer confidence closed down -12 as of June 30, 2024 from -15 from the previous month and -13 from last year.


South Africa consumer confidence Analytics & Data




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South Africa consumer confidence

DateValues
2024-06-30 -12
2024-03-31 -15
2023-12-31 -17
2023-09-30 -16
2023-06-30 -25
2023-03-31 -23
2022-12-31 -8
2022-09-30 -20
2022-06-30 -25
2022-03-31 -13
2021-12-31 -9
2021-09-30 -10
2021-06-30 -13
2021-03-31 -9
2020-12-31 -12
2020-09-30 -23
2020-06-30 -33
2020-03-31 -9
2019-12-31 -7
2019-09-30 -7
2019-06-30 5
2019-03-31 2
2018-12-31 7
2018-09-30 7

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South Africa consumer confidence Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
consumer confidenceza.consconfidence-12.0-15-20-8UPUP02024-06-30

South Africa consumer confidence Factors

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South Africa consumer confidence Historical Data

The MacroVar database offers free access to historical data for the South Africa consumer confidence, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of South Africa consumer confidence data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the South Africa consumer confidence

Consumer confidence in South Africa refers to the level of optimism or pessimism that consumers feel about the state of the economy and their own financial well-being. This confidence is influenced by factors such as job security, income levels, inflation, and overall economic stability. When consumer confidence is high, individuals are more likely to spend money, which can stimulate economic growth. Conversely, low consumer confidence can lead to decreased spending and slower economic activity. Monitoring consumer confidence is important for policymakers and businesses as it can provide insights into future economic trends and help guide decision-making.