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Business activity increases in January

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The positive reading follows the Omnicron-driven decline in December

Business activity ticked up in January, rebounding from a decline in December, with increases in four of the 10 components outweighing decreases in the remaining six, the SA Reserve Bank said on Tuesday.

The Bank’s composite business cycle indicator, complied with the Bureau for Economic Research, examines the direction in which real economic activity is moving...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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