Trade expected to slow in new year

2012-12-12 00:00

AN increase in trade activity in November 2012 was merely a festive season-induced high that will be followed by subdued activity in the wholesale and retail trade sectors heading into the new year.

The TEI — which measures business’ expectations for the next six months — came in at 61 points in June 2012 and has seen a steady deterioration since then.

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