Head Topics

Trade looks bleak as sales and new orders fall, Sacci index shows

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

South Africa Headlines News

More than 80% of respondents expect their input costs to rise in the current global situation, made worse by power cuts, crime and logistical issues

Trade took a beating in May providing further evidence of the effects of surging global inflation, the war in Ukraine, supply-chain issues, higher fuel and energy prices, rising interest rates and Covid-19 lockdowns in China.

Locally, the situation is being made worse by power cuts and logistical constraints as a result of theft and vandalism at railways and ports, according to the Trade Conditions Survey for May, compiled by the SA Chamber of Commerce and Industry ...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Putin says Russia is rerouting oil and trade to Brics statesRussia's leader tells Brics business forum that Moscow is developing alternative mechanisms for international financial settlements with its Brics partners Best news ever Has no choice with sanctions from EU and US Thanks to Zuma
Source: BDliveSA - 🏆 12. / 63 Read more »

Imbalie Beauty to trade as Buka Investments from July 6The company has been operating a cash shell and had to give up its assets after getting a R6m loan to survive Covid-19
Source: BDliveSA - 🏆 12. / 63 Read more »

Imbalie Beauty to trade as Buka Investments from July 6The company has been operating a cash shell and had to give up its assets after getting a R6m loan to survive Covid-19
Source: BDliveSA - 🏆 12. / 63 Read more »

MONEY LIVE | Load shedding adding pressures to trade environment - survey | Fin24MONEY LIVE | Load shedding adding pressures to trade environment - survey:
Source: Fin24 - 🏆 21. / 63 Read more »

Putin says Russia's trade with South Africa, China, India, Brazil jumped 38% amid sanctions, Ukraine war | BusinessinsiderRussian President Vladimir Putin said Wednesday that trade with China, India, Brazil, and South Africa jumped 38% in the first three months of the year, despite 'politically motivated sanctions.' | BISouthAfrica BISouthAfrica Against this South African's wishes!!!! BISouthAfrica SA is excluded. What did we buy from Russia since the sanctions? He was indirectly saying to Cyril, you're left behind botie.
Source: News24 - 🏆 4. / 80 Read more »

What to look for in the upcoming results from Naspers and ProsusThe share prices of the two interrelated companies have more than halved over the last year or so. Moneyweb Prosus Naspers stocks
Source: Moneyweb - 🏆 5. / 77 Read more »