TMCnet News
Business cycle up 0.8 percent [Cape Argus (South Africa)](Cape Argus (South Africa) Via Acquire Media NewsEdge) The South African central bank's leading business cycle indicator rose 0.8 percent month-on-month in August, due to an increase in the number of residential building plans passed and higher volumes in manufacturing orders, a report showed yesterday. The indicator collates data such as vehicle sales, job advertisements, business confidence and money supply to gauge the economic outlook. - Reuters Cape Argus (c) 2014 Independent Newspapers (Pty) Limited. All rights strictly reserved. Provided by SyndiGate Media Inc. (Syndigate.info). |