Business cycle indicator falls in May

Business activity was under significant pressure in May as SA grappled with the fallout of severe flooding in KwaZulu-Natal and load-shedding, data from the Reserve Bank showed on Tuesday.

The Bank’s composite leading business cycle indicator for May, which offers a projection of SA’s economic growth cycle for the next 6-12 months, decreased by 0.7% on a monthly basis and a much heftier 8.5% annual contraction. Seven of the 10 components comprising the indicator outweighed increases in the remaining three. ..

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

The metaverse won't kill business travel in SA – but high fuel costs may, say experts | BusinessinsiderSouth African companies are unlikely to ditch business travel in favour of metaverse meetings, but rising fuel costs, making flights more expensive, will suppress the recovery of work-related trips.
출처: BISouthAfrica - 🏆 34. / 51 더 많은 것을 읽으십시오 »

Watch: How to finance your small business | The CitizenYou cannot start and grow a business without money so it is important to know how you will be financing your small business.
출처: TheCitizen_News - 🏆 6. / 75 더 많은 것을 읽으십시오 »