MINI-RE­COV­ERY

Finweek English Edition - - ECONOMICTRENDS -

Over the past month the pic­ture from high fre­quency data re­leases has been one of im­prov­ing eco­nomic growth. The Re­serve Bank’s lead­ing in­di­ca­tor grew strongly in De­cem­ber and Jan­uary. The man­u­fac­tur­ing sec­tor – as rep­re­sented by the Kag­iso Pur­chas­ing Man­agers’ in­dex – has been re­cov­er­ing. It’s pos­si­ble the first quar­ter ex­pe­ri­enced eco­nomic growth of around 4,4%.

SARB Lead­ing In­di­ca­tor and the Man­u­fac­tur­ing PMI

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