The composite leading indicators index of South Africa increased in June

The composite leading indicators index of South Africa increased in June to 107.1 points from 105.9 points in May, finversia.ru writes referring to data from the South African Reserve Bank. A positive contribution to the composite index in June was made by 6 out of 9 components. Three components affected it downward. The biggest positive contribution was the increase in the number of housing plans and the acceleration of advertisements for vacancies. Compared with June last year, the leading development index rose by 5.8% after the rise of 4.7% in the previous month. The indicator, which determines the attitude to the current economic situation, increased to 102.9 points from 101.7 points. The indicator of the assessment of the situation in the past increased to 94.6 points from 94 points.


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