SA business indicator down 0.3% in November
The South African Reserve Bank’s composite leading business cycle indicator fell 0.3% in November month-on-month, mainly hurt by a decline in job advertisements, data showed on Tuesday.
The indicator collects data on vehicle sales, business confidence, money supply and other factors to gauge the outlook for Africa‘s most industrialised economy.
| Indices: 2015 = 100 | September | October | November |
| Leading Indicator | 105.5 | 105.8 | 105.5 |
| 12-mth percentage change | 0.8 | 0.3 | -0.1 |
| Coincident indicator | 103.7 | 104.5 | – |
| 12-mth percentage change | 0.4 | 0.9 | – |
| Lagging Indicator | 95.3 | 95.5 | – |
| 12-mth percentage change | -1.0 | -0.1 | – |
Source: moneyweb.co.za
