South Africa Consumer Sentiment at Over 1-Year High

EthereumCraftsman · 2026-03-24T08:25:19+00:00

The FNB/BER Consumer Confidence Index in South Africa rose to -7 in Q1 2026, its highest since Q4 2024, driven by lower interest rates and stronger financial markets. However, low-income groups remain pessimistic due to weak job growth.

EthereumCraftsman

2026-03-24 08:25:19

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The FNB/BER Consumer Confidence Index for South Africa edged up to -7 in Q1 2026, up from -9 in the previous period. This was the highest reading since Q4 2024, supported by lower interest rates, soaring stock prices and a stronger currency. The survey showed improved confidence among high-income households, while lower-income groups grew more pessimistic due to weak employment growth in late 2025 and stricter social grant compliance rules.

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