Reserve Bank indicator up 0.5% in June

Published on

JOHANNESBURG (Reuters) – 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.

Related Stories

No stories found.
BizNews
www.biznews.com