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South African business confidence index falls in May

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South African business confidence fell in May, weighed down by lower merchandise import and export volumes, data showed on Tuesday.

The South African Chamber of Commerce and Industry’s (SACCI) monthly business confidence index (BCI) fell to 89.3 in May from 93.7 in April. (Reporting by Bhargav Acharya in Bengaluru Editing by Alexander Winning)



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