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S.Africa’s cbank sentiment indicator down in May

24 July 2012 By admin

JOHANNESBURG, July 24 (Reuters) - The South African Reserve Bank's monthly
leading business cycle indicator declined 0.9 percent in May compared with April
as business confidence continued to deteriorate and commodity prices dropped, a
survey showed on Tuesday. 
    The indicator collates data such as vehicle sales, job advertisements,
business confidence and money supply to gauge the economic outlook.
 
  Indices: 2000 = 100        May      April    March              
  Leading Indicator          130.8    131.9    133.9          
  12-mth percentage change    -1.7     -1.8     -0.3             
  Coincident Indicator                157.1    156.6          
  12-mth percentage change              2.8      2.8      
  Lagging Indicator                   105.1    103.3      
  12-mth percentage change              1.0     -0.4   
 
 (Reporting by Xola Potelwa; editing by Olivia Kumwenda)

© Thomson Reuters 2012 All rights reserved





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

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