Johannesburg - SA's leading economic indicator rose 6.6% year on year (y/y) in February from a 5.5% y/y increase in January, according to central bank data released on Wednesday.
The country's seasonally adjusted leading economic indicator provides a guideline for economic growth for at least six months ahead.
The latest increase takes the indicator to an index level of 136.1.
The indicator increased by 1.1% in January compared with the preceding month.
The country's seasonally adjusted leading economic indicator provides a guideline for economic growth for at least six months ahead.
The latest increase takes the indicator to an index level of 136.1.
The indicator increased by 1.1% in January compared with the preceding month.