Civil confidence index reaches eight-year high in the third quarter

After having slipped to 44 in the second quarter of this year, the FNB/Bureau for Economic Research (BER) Civil Confidence Index reached an eight-year high of 50 in the third quarter. According to the BER, this current reading means that half of respondents are satisfied with prevailing business conditions. The FNB/BER Civil Confidence Index ranges between a maximum of 100, indicating that all respondents are satisfied with business conditions, and a minimum of zero, indicating universal dissatisfaction.