Afrimat Construction Index shows marginal annual improvement
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Afrimat's Construction Index (ACI) for the first-quarter reflects the same disappointing trend evident in overall economic activity.
However, Economist Dr Roelof Botha, who compiles the index on behalf of Afrimat, says it's encouraging to note that the first-quarter ACI had improved on a year-on-year basis, which was better than the zero real growth recorded for the economy as a whole since the first quarter of last year.
Business Day TV caught up with Dr Roelof Botha to dig into the detail of the index.
However, Economist Dr Roelof Botha, who compiles the index on behalf of Afrimat, says it's encouraging to note that the first-quarter ACI had improved on a year-on-year basis, which was better than the zero real growth recorded for the economy as a whole since the first quarter of last year.
Business Day TV caught up with Dr Roelof Botha to dig into the detail of the index.