South Africa Consumer Confidence

In South Africa, consumer confidence remained unchanged at 5 in the first quarter of 2012. Historically, from 1982 until 2012, South Africa Consumer Confidence averaged 2.3400 reaching an all time high of 23.0000 in March of 2007 and a record low of -33.0000 in June of 1985. In South Africa, the FNB/BER (First National Bank/Bureau for Economic Research) consumer confidence index measures the level of optimism that consumers have about the performance of the economy. The consumer confidence results are derived from personal at-home interviews of an area-stratified probability sample of 2 500 households in metropolitan areas, cities, towns and villages throughout South Africa.The total coverage represents 92% of the urban adult population and 53% of the total adult population. This page includes a chart with historical data for South Africa Consumer Confidence.

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Consumer Confidence
Consumer confidence is the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation. How confident people feel about stability of their incomes determines their spending activity and therefore serves as one of the key indicators for the overall shape of the economy. In essence, if consumer confidence is higher, consumers are making more purchases, boosting the economic expansion. On the other hand, if confidence is lower, consumers tend to save more than they spend, prompting the contraction of the economy. A month-to-month diminishing trend in consumer confidence suggests that in the current state of the economy most consumers have a negative outlook on their ability to find and retain good jobs.

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Japan Annual Inflation Rate Down to 0.4% in April
Published: 5/25/2012 12:11:48 PM By: TradingEconomics.com, Ministry of Finance Japan
The consumer price index for Japan in April 2012 was 100.4(2010=100), up 0.1% from the previous month, and up 0.4% over the year.

Swiss Trade Surplus Narrows in April
Published: 5/24/2012 3:36:57 PM By: TradingEconomics.com, Federal Customs Administration
Switzerland's trade surplus fell unexpectedly in April due to a fall in exports, the Federal Customs Administration reported.

New Zealand Trade Surplus Widens in April
Published: 5/24/2012 3:25:32 PM By: TradingEconomics.com, Statistics New Zealand
New Zealand trade balance for April 2012 was a surplus of $355 million (9.1 percent of exports). For the year ended April 2012, there was an annual trade deficit of $541 million (1.2 percent of exports).

Japan's Trade Deficit Widens in April
Published: 5/23/2012 1:18:40 PM By: TradingEconomics.com, Ministry of Finance Japan
Japan posted a larger-than-expected trade deficit in April, widening from shortfalls in the previous month and a year earlier as exports of steel and plastic declined on reduced demand from China and imports of fossil fuels increased.

Bank of Japan Keeps Monetary Policy Unchanged
Published: 5/23/2012 12:57:08 PM By: TradingEconomics.com, Bank of Japan
At the Monetary Policy Meeting held on May 23rd, the Policy Board of the Bank of Japan decided, by a unanimous vote, to keep the uncollateralized overnight call rate at around 0 to 0.1 percent.

UK Inflation Down to 3% in April
Published: 5/22/2012 11:17:34 AM By: TradingEconomics.com, UK Statistics
UK CPI annual inflation stands at 3.0 per cent in April 2012, down from 3.5 per cent in March. The timing of Easter had a significant impact on the April data.

Japanese GDP Grows 1% in Q1
Published: 5/17/2012 11:20:34 AM By: TradingEconomics.com, Cabinet Office
Japan's gross domestic product (GDP) expanded 1.0 percent in January-March from the previous quarter after a revised 0.0 percent result for October-December last year. The recovery was mostly due to solid consumer spending, post-quake rebuilding and rising exports.

U.K. Unemployment Rate Down to 8.2 in March
Published: 5/16/2012 4:26:31 PM By: TradingEconomics.com, ONS
The unemployment rate was 8.2 per cent of the economically active population for January-March 2012, down 0.2 on the quarter. There were 2.63 million unemployed people, down 45,000 on the quarter.

Euro Area External Trade Surplus Widens in March
Published: 5/16/2012 2:52:37 PM By: TradingEconomics.com, Eurostat
The first estimate for the euro area (EA17) trade in goods balance with the rest of the world in March 2012 gave a 8.6 bn euro surplus, compared with +1.0 bn in March 2011. The February 2012 balance was +2.3 bn, compared with -2.9 bn in February 2011. In March 2012 compared with February 2012, seasonally adjusted exports fell by 0.9% and imports by 1.1%.

Euro Area Annual Inflation Down to 2.6%
Published: 5/16/2012 2:50:32 PM By: TradingEconomics.com, Eurostat
Euro Area annual inflation was 2.6% in April 2012, down from 2.7% in March. A year earlier the rate was 2.8%. Monthly inflation was 0.5% in April 2012.

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