confidence – Agri Limpopo https://limpopoagriculture.co.za Agri Limpopo Tue, 11 Sep 2018 13:34:02 +0000 en-US hourly 1 https://wordpress.org/?v=5.2.4 https://limpopoagriculture.co.za/wp-content/uploads/2018/08/cropped-Untitled-design-1-32x32.jpg confidence – Agri Limpopo https://limpopoagriculture.co.za 32 32 Agbiz/IDC Agribusiness Confidence Index falls below the 50-point mark https://limpopoagriculture.co.za/agbiz-idc-agribusiness-confidence-index-falls-below-the-50-point-mark/?utm_source=rss&utm_medium=rss&utm_campaign=agbiz-idc-agribusiness-confidence-index-falls-below-the-50-point-mark https://limpopoagriculture.co.za/agbiz-idc-agribusiness-confidence-index-falls-below-the-50-point-mark/#respond Tue, 11 Sep 2018 13:34:02 +0000 https://limpopoagriculture.co.za/?p=7230 The Agbiz/IDC Agribusiness Confidence Index declined by 6 points to 48 in the third quarter of 2018.

The post Agbiz/IDC Agribusiness Confidence Index falls below the 50-point mark appeared first on Agri Limpopo.

]]> After being sustained at levels above 50-point mark in the past two quarters, the Agbiz/IDC Agribusiness Confidence Index declined by 6 points to 48 in the third quarter of 2018. This is the lowest level since the second quarter of 2016, which was a drought year.

With the results now below the neutral 50-point mark, this essentially means that the agribusinesses are somewhat downbeat about business conditions in South Africa. The survey was conducted in August 2018 and comprised agribusinesses operating in all agricultural subsectors across South Africa.

 

Click HERE to read the full statement

The post Agbiz/IDC Agribusiness Confidence Index falls below the 50-point mark appeared first on Agri Limpopo.

]]> https://limpopoagriculture.co.za/agbiz-idc-agribusiness-confidence-index-falls-below-the-50-point-mark/feed/ 0