Composite business cycle indicator increases by 0.9%

The Reserve Bank released data this week, showing some encouraging signs around the prospects for the local economy going into next year.
The composite leading business cycle indicator, which measures progress in a number of key areas like commodity prices, the manufacturing sector and the number of jobs advertised in the economy, among other indicators, increased by 0.9 percent in July 2025.
Seven out of the ten component time series registered a better performance than the other three indicators. Nompumelelo Siziba got some reaction from analysts on the latest number.

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