Weaker inflation ups real SA economic transaction activity

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Cape Town - For the first time in 10 months, economic transactional activity in South Africa picked up in real terms on a year-on-year basis in July, according to the latest BankservAfrica Economic Transactions Index (BETI) released on Thursday.

According to the BETI report it was mainly due to weaker inflation.

At the same time the index reflected slow growth on a quarterly and monthly basis.

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