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SARB indicator edges up 0.1%

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.

Filomena Scalise

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

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