{"id":8178,"date":"2012-02-21T14:21:15","date_gmt":"2012-02-21T12:21:15","guid":{"rendered":"http:\/\/www.myza.co.za\/02\/s-africas-december-c-bank-sentiment-indicator-down\/"},"modified":"2012-02-21T14:21:15","modified_gmt":"2012-02-21T12:21:15","slug":"s-africas-december-c-bank-sentiment-indicator-down","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/s-africas-december-c-bank-sentiment-indicator-down\/","title":{"rendered":"S.Africa&#8217;s December c.bank sentiment indicator down"},"content":{"rendered":"<p>\t\t<!--[if IE]&gt; div#resizeableText { overflow-x:auto; overflow-y:hidden; } &lt;![endif]--><\/p>\n<p>\t\t<span><\/span><\/p>\n<pre>JOHANNESBURG, Feb 21 (Reuters) - The South African Reserve Bank's\nmonthly economic indicator fell by 0.4 percent month-on-month in December as\nfour of its 10 componets decreased, the bank said on Tuesday.\t\n    The indicator collates data such as business confidence, job advertisements\nand volume of manufacturing orders to gauge the economic outlook. It was\ngenerally soft for most of 2011.\t\n    Decreases in newspaper job-advertisements, a deterioration in the composite\nleading business cycle indicators of South Africa's major trading partners,\nfewer hours worked in the manufacturing sector and softer commodity prices in\nthe month all contributed to the fall.\t\n    Business activity usually slows down during December for holidays.\t\n    \"In spite of the deterioration, we note that the index remains over 25\npercent higher than its most recent recessionary low in March 2009,\" said Absa\nCapital in a note.\t\n    \"This suggests still relatively reasonable growth prospects for the economy\nover the next few quarters,\" the bank said, but added growth would be slightly\nmodest this year partly due to the uncertainties in the global economy.\t\n    \t\n Indices: 2000 = 100           December   November  October     \n ---------------------------------------------------------- \n Leading Indicator               132.1       132.6    131.2     \n 12-mth percentage change          0.2         2.3      1.5      \n Coincident Indicator               --       154.8    153.1 \n 12-mth percentage change           --         4.6      4.9 \n Lagging Indicator                  --       104.5    104.5 \n 12-mth percentage change           --        -0.3     -0.4  \n    \t\n\t\n (Reporting by Phumza Macanda; Editing by Jon Herskovitz)<\/pre>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>JOHANNESBURG, Feb 21 (Reuters) &#8211; The South African Reserve Bank&#8217;s monthly economic indicator fell by 0.4 percent month-on-month in December as four of its 10 componets decreased, the bank said on Tuesday. The indicator collates data such as business confidence, job advertisements and volume of manufacturing orders to gauge the economic outlook. It was generally [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-8178","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/8178","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=8178"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/8178\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=8178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=8178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=8178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}