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Reserve Bank indicator ticks up

Feb 26 2013 10:52
Reuters

Johannesburg - The SA Reserve Bank's monthly leading business cycle indicator ticked up 0.1% in December from November, as business cycle indicators for key  trading partner states accelerated while the export commodity price index was also up, the bank said on Tuesday.

The indicator collates data such as vehicle sales, job advertisements, business confidence and money supply to gauge the economic outlook.  

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sarb  |  sa economy  |  leading indicator

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