Page 92 - QEB_2_2016_lowres

Figure 48 RMB/BER Business Confidence Index, Jun 2004 – Mar 2016

100
90
80
70
60
50
40
30
20
10
0
Jun-04 Nov-04 Apr-05 Sep-05 Feb-06 Jul-06 Dec-06 May-07 Oct-07 Mar-08 Aug-08 Jan-09 Jun-09 Nov-09 Apr-10 Sep-10 Feb-11 Jul-11 Dec-11 May-12 Oct-12 Mar-13 Aug-13 Jan-14 Jun-14 Nov-14 Apr-15 Sep-15 Feb-16

South Africa Western Cape

Source: BER

The business confidence index G150 remains well above the national average (which
remained stagnant at 36 index points).

The main sector driving business confidence in the Western Cape was the wholesale
sector, whose confidence increased from 55 to 66 index points during the first quarter
of 2016.

Manufacturing Sector Business Confidence

The manufacturing sector’s business confidence index declined in the first quarter
of 2016. Figure 49 below shows changes in this sector:

Figure 49 Manufacturing Business Confidence Index – Western Cape,
Mar 2011 – Jun 2016

Source: BER

88 QUARTERLY ECONOMIC BULLETIN 2016