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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
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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