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2 December 2019 – South Africa’s trade surplus narrowed to R3.09 billion in October from a revised R4.53 billion surplus in September, data from the revenue service showed on Friday.
Exports were up 11.9% on a month-on-month basis to R123.4 billion while imports jumped 13.7% to R120.3 billion, the South African Revenue Service said.
Meanwhile, October’s budget deficit widened to R42.34 billion compared with a R32.72 billion shortfall in the corresponding period last year, Treasury data showed on Friday. Source (Bloomberg)