Business index points to SA beating recession this year

http://www.businessday.co.za/articles/Content.aspx?id=85067

SA’s leading business cycle indicator has risen for the fifth month running, boosting expectations that the economy will emerge from recession in the fourth quarter.

The composite leading indicator climbed a robust 2,1% in August to 112,5 from 110,1 in July, although the level is still 3,5% below the 116,6 reported in August last year.

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