South Africa central bank indicator up 0.8 pct in August

Reuters

JOHANNESBURG (Reuters) - The South African central bank's leading business cycle indicator rose 0.8 percent month-on-month in August, due to an increase in the number of residential building plans passed and higher volumes in manufacturing orders, a report showed on Tuesday. The indicator collates data such as vehicle sales, job advertisements, business confidence and money supply to gauge the economic outlook. Indices: 2010 = 100 June July August Leading Indicator 99.7 99.7 100.5 12-mth percentage change -0.2 0.0 0.1 Coincident Indicator 118.0 117.1 -- 12-mth percentage change 2.7 1.7 -- Lagging Indicator 102.3 103.4 -- 12-mth percentage change -1.9 -1.3 --