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Trade expectations weaken notably - chamber

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(iStock)
(iStock)

Cape Town - The seasonally adjusted six-month Trade Expectations Index (TEI) has weakened notably, according to the SA Chamber of Commerce and Industry (Sacci).

The TEI declined from 61 in February to 51 in March 2017 – the weakest level since April 2016.

Sacci said the non-seasonal adjusted six-month TEI weakened even more markedly and declined from 63 in February to 51 in March 2017.

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