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Central Bank's leading business indicator down 0.1 pct in December
South African rand notes in a file photo. REUTERS/Siphiwe Sibeko
The indicator collects data including vehicle sales, job advertisements, business confidence and money supply to gauge the outlook for Africa's most developed economy.
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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.
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Leading Indicator 93.6 93.6 93.5
12-mth percentage change -4.7 -5.0 -3.1
Coincident Indicator 114.6 115.2
12-mth percentage change -0.4 -0.2
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Lagging Indicator 104.2 104.6
12-mth percentage change -1.3 -1.8
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