WebThe RMB/BER business confidence index in South Africa fell for the fourth consecutive quarter to a two-year low of 36 in the first quarter of 2024, pointing to a gloomy business outlook. The gauges tracking sentiment manufacturers (17 vs 26 in Q4) and retailers (34 vs 42) nosedived in the quarter, leading to a decline in the overall index, RMB said. While the … WebSep 1, 2009 · Rand Merchant Bank (RMB) and the Bureau for Economic Research (BER) released the Business Confidence Index for the first quarter of the year, showing the first …
Business confidence in South Africa continues to circle the drain
WebMar 9, 2024 · JOHANNESBURG, March 9 (Xinhua) -- The RMB/BER Business Confidence Index (BCI) increased from 43 points in the fourth quarter of 2024 to 46 in the first quarter of 2024. The Rand Merchant Bank (RMB) said on Wednesday that the BCI is encouraging and shows that the economy is recovering. WebMar 11, 2024 · After a small increase in the fourth quarter, the RMB/BER Business Confidence Index (BCI) slumped by eight points to 18 in the first quarter of 2024 - a 21-year low. More than eight out of every 10 respondents therefore perceive prevailing business conditions as unsatisfactory. girls grow faster than boys
Business Confidence: Executives still downbeat in the first quarter ...
WebJun 15, 2024 · The RMB/BER index said second quarter pessimism was widespread, with confidence indices falling in all five of the underlying sectors and with all readings below the neutral level of 50. At a reading of 29, the business confidence measure declined 11 index points from a level of 40 in the first quarter. WebSep 8, 2024 · The latest Rand Merchant Bank (RMB)/Bureau for Economic Research (BER) business confidence index (BCI) shows that confidence slid to 43 points in the third … WebMar 8, 2024 · The composite RMB/BER Business Confidence Index (BCI) is the unweighted mean of five sectoral indices, namely that of manufactures, building contractors, retailers, wholesalers and new vehicle dealers. Business confidence can vary between 0 and 100, … funeral homes kittery maine