Economic activity slowed in November compared with the year before
A narrowing of the interest-rate spread and a decrease in SA’s export commodity price index denominated in dollars affected the economy badly
24 January 2023 - 17:58
UPDATED 25 January 2023 - 13:29
Economic activity dropped on an annual basis in November, affected by rolling blackouts, falling business confidence and an economic slowdown in SA’s key trading partners.
The Reserve Bank’s composite leading business cycle indicator released on Tuesday showed that economic activity in November fell 2.8% compared to the same time in 2021...
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