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Trade surplus falls to R9bn in July

31st August 2017

By: Chanel de Bruyn

Creamer Media Online Managing Editor

     

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South Africa's trade surplus slid to R8.99-billion ($688-million) in July from a revised R10.56-billion surplus in June, data from the revenue agency showed on Thursday.

Exports fell 8.7% to R93.1-billion on a month-on-month basis in July, while imports were down 8% to R84.1-billion, the South African Revenue Service said in a statement.

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