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)
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