The South African central bank's leading business cycle indicator fell 0.1 percent month-on-month in December, due to a decrease in the U.S. dollar-based export commodity price index and the number of new car sales, data showed on Tuesday.
Central Bank's leading business indicator down 0.1 pct in December
The indicator collects data including vehicle sales, job advertisements, business confidence and money supply to gauge the outlook for Africa's most developed economy.
Leading Indicator 93.6 93.6 93.5
12-mth percentage change -4.7 -5.0 -3.1
Coincident Indicator 114.6 115.2
ADVERTISEMENT
12-mth percentage change -0.4 -0.2
Lagging Indicator 104.2 104.6
12-mth percentage change -1.3 -1.8
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
Husband begs IGP to find his wife who went missing on official police duty
Ghanaian hugs over 1,000 trees in 1 hour to set new world record
Lecturers need to undergo drug test to sanitise university system - Former VC
APC chieftains challenge EFCC to follow due process in Yahaya Bello's case
3 dead, 2 injured in 3-storey building collapse in Kano - NEMA confirms
Lagos NCS visits family of stampede victim, promises nonstop financial support
ASUU Sokoto demands council reconfirmation, payment of allowances
Yahaya Bello: Charge, prosecute US school for money laundering - Sowore to EFCC
Don't hide deformed kids, they can contribute to nation's growth - Expert
ADVERTISEMENT