Trade prospects look good

SOUTH AFRICA’S buoyant trade outlook is likely to persist.
The trade activity index (TAI) of the Sacob/Standard Bank SA Trade Management Indices (SATMI) was lodged at 50 for October - the same as in September.
“Activity in both September and October has been off a high level,” said Standard economist, Dr Johan Botha.
Meantime, the trade expectations index (TEI) - measuring expectations for trade conditions six months hence - continues to reflect a strong view that trade conditions will improve, he added.