Consumer Confidence Rebounds — Are Retailers in for a Blockbuster Festive Season?
Loading player...
GUEST - Nomvelo Moima – Junior Economist, Bureau for Economic Research (BER)
South African shoppers are finding their spark again. The latest FNB/BER Consumer Confidence Index shows a rebound to -9 in Q4, the strongest reading of 2025, a signal that festive-season spending could be far livelier than many expected.
After a bruising few years marked by high interest rates, fuel spikes and economic uncertainty, consumers are finally feeling a little more optimistic. Retail sales have already grown 3.9% year-on-year in the first three quarters of 2025, and the latest jump in confidence suggests the momentum may carry firmly into the holiday rush.
South African shoppers are finding their spark again. The latest FNB/BER Consumer Confidence Index shows a rebound to -9 in Q4, the strongest reading of 2025, a signal that festive-season spending could be far livelier than many expected.
After a bruising few years marked by high interest rates, fuel spikes and economic uncertainty, consumers are finally feeling a little more optimistic. Retail sales have already grown 3.9% year-on-year in the first three quarters of 2025, and the latest jump in confidence suggests the momentum may carry firmly into the holiday rush.
