Reserve Bank’s leading indicator declines for 10th straight month
The leading business cycle indicator fell 1.5% year-on-year in July, although it is up compared with June
25 September 2019 - 10:09
The Reserve Bank’s composite leading business cycle indicator fell for the 10th consecutive month in July on an annualised basis, underscoring the fragile nature of SA’s economic recovery.
The indicator fell 1.5% to 103.9 points in July from the same month in 2018, the Bank said on Wednesday...
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