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Brief note intended as a more regular interface with our clients. The emphasis is to provide our interpretation of important economic events, such as South African Reserve Bank interest rate statements, and key data releases, including GDP growth figures.
Date Uploaded: June 07 2011 12:00
The RMB/BER BCI declined by 7 index points to 48 in 2011Q2. Business confidence declined in the retail, wholesale and motor trade, remained unchanged in the manufacturing sector and increased slightly in the building sector.