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SOUTH AFRICA: Trade Surplus Widens to ZAR 20bn in May

SOUTH AFRICA
  • South Africa's trade surplus widened to ZAR 20.09bn (estimate +ZAR 15.0bn) in May from revised +ZAR 9.68bn in April, according to the South African Revenue Service.
  • The budget deficit stood at ZAR 12.779bn (estimate -ZAR 1.3bn) in May, according to the South Africa National Treasury. (Bloomberg)

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