Wednesday, June 6, 2007

S.Africa confidence eases after poor indicators

(Reuters) - South Africa's business confidence eased slightly in May after a set of disappointing economic data that should influence sentiment in coming months, the South African Chamber of Business (SACOB) said on Wednesday.

SACOB's Business Confidence Index (BCI) pulled back 1.7 index points to 100.2 in May from April's 101.9, dragged lower by six of the seven real economic sub-indices that the chamber focuses on.


Read more at Reuters Africa

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