SARB indicator down 0.2 percent in November

Comment on this story
IOL economy arrows Filomena Scalise

Johannesburg - The South African Reserve Bank's monthly leading business cycle indicator edged down 0.2 percent month-on-month in November, partly because of a decrease in the number of residential building plans passed in the month.

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

Indices: 2010 = 100 Nov Oct Sep

Leading Indicator 100.3 100.5 100.3

12-mth percentage change -0.1 0.6 1.3

Coincident Indicator - 115.0 113.7

12-mth percentage change - 1.5 0.1

Lagging Indicator - 103.0 102.7

12-mth percentage change - 2.9 1.7 - Reuters


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.