SARB indicator up 0.5%

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IOL economy arrows Filomena Scalise

Johannesburg - The central bank's monthly leading business cycle indicator rose 0.5 percent in June, largely driven by the manufacturing sector, a South African Reserve Bank report showed on Tuesday.

The SARB indicator collates data such as vehicle sales, job advertisements, business confidence and money supply to gauge

the economic outlook.

Indices: 2010 = 100 April May June

Leading Indicator 99.3 99.6 100.1

12-mth percentage change -1.6 -1.2 0.2

Coincident Indicator 116.5 115.8 -

12-mth percentage change 1.8 0.3 -

Lagging Indicator 104.3 103.2 -

12-mth percentage change 1.2 -0.1 -

- Reuters


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