empty
 
 

2021.11.2309:32:00UTC+00South Africa Leading Index Declines In September

South Africa's composite leading index decreased in September, survey data from the South African Reserve Bank showed on Tuesday.

The composite leading index fell 2.3 percent month-on-month to 125.0 in September from 127.9 in August. Compared to a year ago, the increase was 9.3 percent versus 14.9 percent in the previous month.

Among the nine available components, seven decreases and the remaining two increased.

The largest contribution came from decreases in the US dollar-denominated export commodity price index and in the number of residential building plans approved.

The coincident index rose to 93.8 in August from 92.7 in July.

The lagging indicator rose 0.9 percent monthly to 85.0 in August from 84.2 in the prior month.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback