The composite leading business cycle indicator in South Africa rose 3.7 percent from a month earlier in August of 2020, following a 2.6 percent increase in July. It was the strongest reading since January of 2010, with all 10 available component time series increasing as activity levels in the economy continued to rebound amid the further easing in lockdown restrictions. The largest positive contributions to the movement in the composite leading business cycle indicator resulted from increases in the US dollar-denominated South African export commodity price index and the RMB/BER Business Confidence Index.

Leading Economic Index in South Africa averaged 0.18 percent from 1960 until 2020, reaching an all time high of 4.60 percent in January of 1980 and a record low of -6.80 percent in April of 2020. This page provides the latest reported value for - South Africa Leading Economic Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Africa Leading Business Cycle Indicator MoM - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020. source: South African Reserve Bank

Leading Economic Index in South Africa is expected to be -3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in South Africa to stand at 0.50 in 12 months time. In the long-term, the South Africa Leading Business Cycle Indicator MoM is projected to trend around 1.60 percent in 2021 and 0.70 percent in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
South Africa Leading Business Cycle Indicator MoM

Actual Previous Highest Lowest Dates Unit Frequency
3.70 2.60 4.60 -6.80 1960 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-07-21 07:00 AM May -0.7% -6.8% -4.4%
2020-08-25 07:00 AM Jun 2.7% -4.9% -0.4%
2020-09-22 07:00 AM Jul 2.6% 2.7% 2.3%
2020-10-20 07:00 AM Aug 3.7% 2.6% 1.8%
2020-11-24 07:00 AM Sep 3.7% 4%
2020-12-15 07:00 AM Oct
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.

South Africa Business Last Previous Highest Lowest Unit
Business Confidence 24.00 5.00 92.00 5.00 points [+]
Manufacturing PMI 58.30 57.30 58.30 38.38 points [+]
Industrial Production -10.80 -10.20 18.50 -48.90 percent [+]
Industrial Production Mom 3.60 5.90 28.50 -44.00 percent [+]
Capacity Utilization 61.20 80.00 86.20 61.20 percent [+]
Changes in Inventories -74041.00 -66025.00 66699.00 -74041.00 ZAR Million [+]
Bankruptcies 228.00 193.00 511.00 0.00 Companies [+]
Total Vehicle Sales 37400.00 33290.00 65689.00 574.00 [+]
Car Registrations 22798.00 19545.00 43659.00 105.00 [+]
Leading Economic Index 3.70 2.60 4.60 -6.80 percent [+]
Internet Speed 6736.79 6595.61 6736.79 685.91 KBps [+]
IP Addresses 4274668.00 3727821.00 6727656.00 520279.00 IP [+]
Steel Production 330.00 328.50 885.00 3.00 Thousand Tonnes [+]
Mining Production -3.30 -6.50 23.20 -50.20 percent [+]
Coincident Index 85.70 85.80 141.17 70.10 points [+]
Competitiveness Index 62.44 60.76 62.44 4.31 Points [+]
Competitiveness Rank 60.00 67.00 67.00 35.00 [+]
Composite Pmi 49.40 45.30 52.70 32.50 points [+]
Corruption Index 44.00 43.00 56.80 41.00 Points [+]
Corruption Rank 70.00 73.00 73.00 23.00 [+]
Ease of Doing Business 84.00 82.00 84.00 32.00 [+]
Electricity Production 20978.00 21542.00 23801.00 10439.00 Gigawatt-hour [+]
Gold Production -14.80 -10.10 75.70 -60.70 percent [+]


South Africa Leading Business Cycle Indicator MoM
In South Africa, the Composite Leading Business Cycle Indicator examines the direction in which real economic activity is moving, in real time. It is calculated on the basis of the following components: building plans approved, new passenger vehicles sold, commodity price index for main export commodities, index of prices of all classes of shares traded on the JSE, job advertisements, volume of orders in manufacturing, real M1, average hours worked per factory worker in manufacturing, interest rate spread, composite leading business cycle indicator of the major trading-partner countries, business confidence index, gross operating surplus as a percentage of GDP. The index has a base value of 100 as of 2010.