South Africa Consumer Confidence
South Africa's consumer confidence fell to -13 points in Q3 2025 from -10 points in Q2 2025. This represents a 30% decrease. Weak job creation and rising inflation are pressuring households. The economic outlook sub-index is -22. Reduced consumer spending power also stems from dwindling two-pot retirement fund withdrawals. The household financial outlook is +3, down from prior periods. South Africa's record low Consumer Confidence was -33 points in Q2 2020 and record high was 26 points in Q1 2018.
Quarterly Historical Data (2015-2025)
(in points)Recent Events
South Africa Consumer Confidence : Definition
South Africa consumer confidence measures how optimistic consumers are about the country's economic future and their personal financial situation. It is calculated from survey data assessing consumer expectations regarding the economy and finances. Positive scores indicate confidence, negative scores signal a lack of confidence. The Berries Research Unit compiles this index.