Economic activity improves in December but outlook remains negative
BankservAfrica Economic Transactions Index improves for the first time in 7 months, but clearing house warns 2023 is unlikely to be much different to last year
11 January 2023 - 15:00
Economic activity improved in December after six consecutive monthly declines even as load-shedding, interest rates, elevated inflation and a slowdown in global growth threaten the outlook for 2023.
The BankservAfrica Economic Transactions Index (BETI) rose to 132.1 points in the month, increasing 1.7% on an annual basis and up from 130.3 in November...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.