SARB indicator edges up 0.1%

Comment on this story
IOL economy arrows Filomena Scalise

Johannesburg - The central bank's monthly leading business cycle indicator crept up 0.1 percent in May, largely driven by increased job advertising space and a rise in residential building plans passed, a report showed on Tuesday.

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

Indices: 2010 = 100 March April May

Leading Indicator 99.5 99.5 99.6

12-mth percentage change -2.0 -1.5 -1.2

Coincident Indicator 117.3 118.3 -

12-mth percentage change 3.3 3.7 -

Lagging Indicator 102.2 104.3 -

12-mth percentage change -0.2 1.3 -

- 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.

  5. Verified email addresses: All users on Independent Media news sites are now required to have a verified email address before being allowed to comment on articles. You are only required to verify your email address once to have full access to commenting on articles. For more information please read our comment guidelines