Leading indicator declines in March
The SA Reserve Bank warns of temporary distortions to underlying data due to Covid-19
26 May 2020 - 12:09
The SA Reserve Bank’s leading business cycle indicator declined in March, ringing in 18 months of consecutive annual declines.
The leading indicator, which offers a projection of SA’s economic growth cycle for the next six to 12 months, declined 1.6% in March, a slightly slower rate of decline than February 2020’s revised -2.9%...
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