22 Feb.
Composite business cycle indicators for South Africa.
- The composite leading business cycle indicator decreased by 0,4 per cent in December 2011 compared with the preceding month. Decreases recorded in four of the ten component time series outweighed the increases recorded in the remaining six that were available for December 2011. The major negative contributors to the movement in the leading indicator in December were the twelve-month percentage change in job advertisement space and the twelve-month percentage change in the composite leading business cycle indicator of South Africa’s major trading-partner countries. The largest positive contribution came from the number of residential building plans approved, followed by the twelve-month percentage change in the number of passenger vehicles sold.
- The composite coincident business cycle indicator increased by 1,1 per cent in November 2011 compared with the preceding month.
- The composite lagging business cycle indicator remained unchanged in November 2011.
Business cycle indicators data
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