South Africa's composite leading index improved somewhat in February, survey data from the South African Reserve Bank showed on Tuesday.
The composite leading index rose 0.5 percent month-on-month to 120.2 in February from 119.6 in January.
Seven out of the 10 available component time series outweighed decreases in the other 3 components.
The largest positive contributors were increases in the number of residential building plans approved and South Africa's US-dollar-denominated export commodity price index.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.