National Property Portfolio on Auction

National Property Portfolio on Auction
Loading

SA July trade deficit R6.7bn

August 31 2012 at 02:46pm

Comment on this story

IOL economy arrows

Filomena Scalise

SA recorded another trade deficit in July for its trade with non-Southern African Customs Union (non-SACU) trading partners.

A R6.7bn deficit was recorded in July‚ after a R5.7bn deficit in June‚ SARS customs and excise figures released on Friday showed.

The deficits have however been smaller in recent months compared to April’s almost R10bn.

Customs and excise attributed July’s decline mainly to increased imports of machinery and electrical appliances‚ products of the chemicals or allied industries‚ and original equipment components.

The cumulative deficit for the year to date is R57.3bn compared with a cumulative deficit of R6.9bn in 2011. - I-Net Bridge


sign up
 
 

Comment Guidelines


  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.

     

Join us on

 IOL-Social networks IOL-Social networks IOL-Social networks IOL-Social networks
IOL Travel

Make sure you find the best available airfares with our easy-to-use search engine.

Travel_pic_enw
Sudoku