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Reserve Bank indicator ticks up

May 22 2012 10:13 Reuters

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Johannesburg - The South African Reserve Bank’s monthly economic sentiment indicator increased by 0.1% to 134.5 points in March compared with February, mainly boosted by a rise in job advertisement space, a report showed on Tuesday.

The indicator collates data such as business confidence, job advertisements and the volume of manufacturing orders to gauge the economic outlook. It has gradually picked up since September last year.

 
sarb  |  sa economy  |  leading indicator
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