The SA Chamber of Commerce and Industry business confidence index declined to 93.0 points in May from 93.7 in April, one index point below the same period in 2018, as well as below market expectations.
Four of the 13 sub-indices improved, including energy supply; increased merchandise export volumes; lower consumer price inflation; and increased real credit extension to the private sector. Eight sub-indices decreased and one remained unchanged.
Ramafailure
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