Sarb index shows softer growth outlook-continued

February 21, 2012--The South African Reserve Bank's monthly economic indicator fell by 0.4% month-on-month in December as four of its 10 components decreased, the bank said on Tuesday.
The indicator collates data such as business confidence, job advertisements and volume of manufacturing orders to gauge the economic outlook. It was generally soft for most of 2011.

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Source: FIN24

AFRICA ETP News
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