South Africa Leading Economic IndexSouth Africa Leading Economic IndexSouth Africa Leading Economic Index

South Africa Leading Economic Index

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Key data points


Last release
Observation period
Jun 2025
Next release
Forecast
Highest
5.00% on Jun 30, 2020
Lowest
−6.30% on Apr 30, 2020

About South Africa Leading Economic Index


Category
Business
Frequency
Monthly
Units
%
In South Africa, the Composite Leading Business Cycle Indicator examines the direction in which real economic activity is moving, in real time. It is calculated on the basis of the following components: building plans approved, new passenger vehicles sold, commodity price index for main export commodities, index of prices of all classes of shares traded on the JSE, job advertisements, volume of orders in manufacturing, real M1, average hours worked per factory worker in manufacturing, interest rate spread, composite leading business cycle indicator of the major trading-partner countries, business confidence index, gross operating surplus as a percentage of GDP. The index has a base value of 100 as of 2010.