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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
SOUTH AFRICA
MNI (London)
SOUTH AFRICA JUN TRADE BALANCE 24.2B RAND (FCST 21.2B); MAY 30.9Br
- The South African trade balance shrunk in June to R24.2 bln, continuing to surpass forecasts by R2 bln.
- The surplus was down 6.7bln from the upwardly revised May print of R30.9 bln, as mineral imports were substantially stronger in June.
- This brings the year-to-date surplus to R133.5 bln, over R116.4 bln below 2021 levels on the back of a 16.7% y/y rise in exports largely overshadowed by a 47.6% y/y jump in imports.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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