TABLE-South Africa business cycle indicator rises 2.0% in February

PUBLISHED: Tue, 20 Apr 2021 07:16:48 GMT

JOHANNESBURG, April 20 (Reuters) – South Africa’s central bank composite leading business cycle indicator rose 2.0% month on month in February, helped by more building plan approvals and 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 Dec Jan Feb Leading Indicator 115.1 114.5 116.8 12-mth percentage change 10.8 10.7 12.2 Coincident Indicator 92.4 92.5 — 12-mth percentage change -10.0 -9.8 — Lagging Indicator 87.2 86.0 — 12-mth percentage change -9.0 -9.5 — (Reporting by Alexander Winning; Editing by Alison Williams)

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