---
source: Bureau for Economic Research (BER)
url: https://www.ber.ac.za/Documents/Index/FNBBER-Consumer-Confidence-Index
document_type: html
date_retrieved: 2026-03-24T08:09:37.310304+00:00
period: 2026Q1
parent_publication: FNB/BER Consumer Confidence Index
indicators_covered: [Consumer Confidence]
---

# FNB/BER Consumer Confidence Index, Q1 2026

**Date Uploaded:** March 24 2026 10:00

**Summary:**
After recovering from -13 to -9 index points in the fourth quarter of 2025, the FNB/BER Consumer Confidence Index (CCI) extended its gains to reach -7 in the first quarter of 2026. Buoyant high-income sentiment underpinned this improvement, though geopolitical risks from the Iran conflict loom.

## Latest Reading
- **Consumer Confidence Index (Q1 2026):** -7
- **Previous Reading (Q4 2025):** -9
- **Trend:** Improvement of 2 points.

## Methodology
The FNB/BER Consumer Confidence Index (CCI) combines the results of three questions posed to adults living in predominantly urban areas in South Africa, namely:
1. Expected performance of the economy.
2. Expected financial position of households.
3. Rating of the appropriateness of the present time to buy durable goods (furniture, appliances, etc.).

Consumer confidence is expressed as a net balance (improvement minus deterioration). The indicator varies on a scale of -100 to 100.

## Historical Trend
- **2026Q1:** -7
- **2025Q4:** -9
- **2025Q3:** -13
- **2025Q2:** -10
- **2025Q1:** -20
- **2024Q4:** -6