South Africa's composite leading index decreased for the second straight month in May, survey data from the South African Reserve Bank showed on Tuesday.
The composite leading index dropped 1.3 percent month-on-month to 111.3 in May from 112.7 in April.
Compared to a year ago, the index dropped 0.7 percent, versus a fall of 0.1 percent in the prior month.
In May, nine of the ten available component time series decreased, the survey said.
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