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Better February no game-changer for SA economy - index

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Cape Town - February was a good month for the SA economy, but is likely to be an exception in an expected overall downward trend, according to the latest BankservAfrica Economic Transactions Index (Beti) released on Wednesday.

The Beti measures South African payment system transactions smaller than R5m, giving a broad picture of the current SA economy.

Economist Mike Schüssler of Economists.co.za did caution, however, that February had 29 days this year as well as an extra week day. That could have led to the month being a bit stronger than usual.

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