Trade conditions remain constrained in October

The latest South Africa Chamber of Commerce and Industry (Sacci) Trade Conditions Survey shows that trade conditions remain constrained, with the October Trade Activity Index (TAI) still in negative territory at 46. The survey recorded a two-point month-on-month decline and a five-point contraction year-on-year in the seasonally adjusted TAI, confirming “tougher overall trade conditions” and “real trade constraints” in October.