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S.Africa’s cbank sentiment indicator drops in April

26 June 2012 By admin

JOHANNESBURG, June 26 (Reuters) - The South African Reserve Bank's monthly
leading business cycle indicator declined 1.5 percent in April compared with
March mainly because of deteriorating business confidence and the growth rate of
M1 money supply, 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        April    March  February   
 Leading Indicator          131.9    133.9    134.5         
 12-mth percentage change    -1.8     -0.3     -0.1            
 Coincident Indicator                155.8    155.7         
 12-mth percentage change              2.3      2.9     
 Lagging Indicator                   103.3    104.6     
 12-mth percentage change             -0.4      1.6  
 
 (Reporting by Xola Potelwa)

© Thomson Reuters 2012 All rights reserved





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Next: S.Africa’s rand finds temporary breather vs dollar





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

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