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S.Africa’s cbank sentiment indicator down in June

21 August 2012 By admin

JOHANNESBURG, Aug 21 (Reuters) - The South African Reserve Bank's monthly
leading business cycle indicator continued to decline in June, falling 1.1
percent from May as export prices for commodities deteriorated, a survey showed
on Tuesday.
    The indicator was at its lowest since February 2010 when it hit 127.4
points, the Bank said. 
    The indicator collates data such as vehicle sales, job advertisements,
business confidence and money supply to gauge the economic outlook.
 
  Indices: 2000 = 100        June     May      April              
  Leading Indicator          129.3    130.8    131.9          
  12-mth percentage change    -4.3     -1.7     -1.8             
  Coincident Indicator                159.2    158.1          
  12-mth percentage change              4.7      3.6      
  Lagging Indicator                   105.3    105.3      
  12-mth percentage change              1.0      1.1   
 
 (Reporting by Xola Potelwa; editing by David Dolan)

© Thomson Reuters 2012 All rights reserved





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Filed Under: South Africa Tagged With: news, reuters, south africa

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