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Short-term outlook for trade conditions remains negative, Sacci reports

Short-term outlook for trade conditions remains negative, Sacci reports
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Positive outlook for trade following stringent festive season lockdown - survey

Getty The Trade Conditions Survey reflected a lift in trade activity as well as the outlook. A more business or economy friendly lockdown approach helped to lift expectations, according to the South African Chamber of Commerce and Industry. Trade conditions are expected to improve in the coming months, following a stringent lockdown over December 2020, according to the South African Chamber of Commerce and Industry (Sacci). Sacci on Wednesday released the Trade Conditions Survey for March 2021. Sacci however, noted that due to the lockdown and the adverse effects on business, several of the regular respondents are now out of business - so the results of the March 2021 survey must consider these changes in the business environment.

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