Building plans lift Sarb business indicator | Fin24
 
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Building plans lift Sarb business indicator

Mar 24 2015 10:28

Johannesburg - The South African Reserve Bank's leading business cycle indicator rose 0.3% month-on-month in January, lifted by higher residential building plans passed and an increase in the dollar-based export commodity price index.

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


sa economy
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