Arab Today, arab today south africa\s business confidence index edges up
Last Updated : GMT 21:25:08
Arab Today, arab today
Arab Today, arab today

South Africa\'s business confidence index edges up

Arab Today, arab today

Arab Today, arab today South Africa\'s business confidence index edges up

Johannesburg - XINHUA

South Africa's business confidence index (BCI) performed better in December 2013 than the previous month on a month-on-month basis, a business group said on Thursday. The BCI increased by 1.1 index points to 91.9 in December 2013 from 90.8 in November 2013, the South African Chamber of Commerce and Industry (SACCI) said in its BCI report released in Johannesburg. "Although this is the highest reading for the BCI in the second half of 2013, it is 1.1 index points below the December 2012 level, " the chamber said. The average level for the BCI in 2013 was 91.4 compared to an average of 94.1 in 2012. In relation to previous years, 2013 presented the worst annual performance for the BCI since 1999 when the BCI averaged 87.6 and when the business cycle was in a downward phase. The average for the 2013 BCI was 8.1 index points below the level of 100 for the 2010 base year and 27.6 index points below the annual peak of 119 in 2006. Four sub-indices of the BCI did not move significantly between December and November 2013, five had a negative impact, while four positively influenced the BCI in December 2013, said the chamber. On a year-on-year basis, four sub-indices made positive contributions to the BCI, eight had a negative impact and one was neutral. Major activities like exports and manufacturing improved on a year-on-year basis, while municipal services and lower real financing cost also contributed, albeit to a lesser extent, to the December 2013 uptick in the BCI, according to the chamber.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today south africa\s business confidence index edges up Arab Today, arab today south africa\s business confidence index edges up

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today south africa\s business confidence index edges up Arab Today, arab today south africa\s business confidence index edges up

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel

GMT 21:37 2017 Wednesday ,17 May

US Stocks Close Mixed

GMT 04:58 2017 Wednesday ,17 May

Tadawul index gains 0.7%

GMT 06:20 2017 Tuesday ,16 May

Tadawul index climbs 0.6%

GMT 13:43 2017 Monday ,15 May

Oman share index declines marginally

GMT 04:37 2017 Thursday ,11 May

Tadawul index near flat on varying 1Q results
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday