Afrimat Construction Index improves for 3 quarters in succession, the first time since the lockdowns, says economist – Property Wheel

Afrimat Construction Index improves for 3 quarters in succession, the first time since the lockdowns, says economist – Property Wheel

The Afrimat Construction Index (ACI), which reflects the level of activity within the building and construction sectors, has improved for three quarters in succession – the first time this has occurred since the pandemic lockdowns, re-establishing a familiar trend in the construction sector at large. The ACI is compiled by economist Dr Roelof Botha who says that the recent lowering of the repo rate, and the prime overdraft rate, has exerted a ma…