South Africa Financial Conditions Index (Monthly Report) - July 2018

Latest data up to May 2018 show that conditions remained tight, with the slight easing seen in late 2017 disappearing. The average value of the FCI over the past 12 months is up by 3.8% compared with the previous 12 months. Four of the five constituent variables have tightened in May 2018, while the overall indicator was lower by 0.2% compared with April 2018 and 10.6% higher compared with May 2016.

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