20.02.201804:09:00UTC+00S. Africa's Leading Index Rises At Slower Pace In December

South Africa's leading index climbed at a slower pace in December, South African Reserve Bank said Tuesday.

The leading index rose 1.1 percent year-on-year in December, slower than the 2.3 percent climb in November.

Meanwhile, the annual increase in coincident index improved to 1.9 percent in November from 1.1 percent a month ago.

On a monthly basis, the leading indicator dropped 0.5 percent in December, while coincident index climbed 0.7 percent in November.

The lagging index climbed 0.4 percent on month in November, while it fell 0.6 percent annually.