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BUSINESS CONFIDENCE INDEX (BCI)The Business Confidence Index is generated monthly by SACCI as a measure the level of business confidence within the South African economy. The report includes commentary on the current state of the economy, as well as other economic indicators. Monthly BCI Press Releases can be viewed on our Press Office/SACCI Press Releases page NOTES ON THE SACCI BUSINESS CONFIDENCE INDEX
The BCI in Perspective The Business Confidence Index (BCI) of SACCI is a market-related index that reflects not what business is saying, but what it is doing and experiencing. It is therefore not an opinion/perception-based index. It is likely that in any one month the business mood will be influenced both positively and negatively by various developments in the economy. The BCI seeks to reflect the net results of these influences. The BCI is a composite weighted index of thirteen sub-indices. Various economic indicators are used to compile the thirteen sub-indices. The indicators that are monitored have been judged by business to have the greatest bearing on the business mood. The BCI was first published in 1985. There have been previous adjustments to the BCI with the latest revision in February 2006. The latest alteration to the composition of the index takes account of the structural changes in the domestic economy, relative price and financial stability, the effect of globalization as well as the changing environment for doing business in and with South Africa. Business cycle movements in the sub-indices are important to business confidence levels. From February 2006 the BCI is calculated according to the new composition. To ensure a continuous BCI series, it was necessary to adjust the historical figures to bridge any technical discrepancies and ensure comparability in the index numbers over time. The base year for the BCI was changed from 2000 to 2005. The following sub-indices make up the BCI:
BCI Reports - 2010 BCI 2010 - June [pdf 132 Kb] BCI 2010 - May [pdf 160 Kb] BCI 2010 - April [pdf 160 Kb] BCI Reports- 2009
BCI - 2008
BCI - 2007
BCI - 2006
BCI - 2005
BCI - 2004
BCI - 2003
BCI - 2002 |




