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While SA Records A Trade Surplus, The Deteriorating Global Outlook Will Weigh Heavily On Exports
1 September 2022 – July’s outcome was ahead of Bloomberg consensus expectations of a R19bn surplus. Data from the SA Revenue Service (Sars) showed yesterday that exports dropped 4.1 percent month on month (m/m) to R177.23bn, while imports were down 5 percent at R152.47bn. However, the year-to-date (January 1 to July 31) preliminary trade balance […]