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Getty The South African Revenue Services on Friday released trade statistics for March. The market consensus was for a trade balance of R28.3 billion. Investec economist Lara Hodes noted that the 28.9% month-on-month increase in exports to R168.29 billion contributed to the massive surplus. Imports, by comparison, increased by 16.3% month-on-month to R115.52 billion. … the lift in exports was broad-based, with all key categories increasing on a month-on-month basis, said Hodes. Notably, precious metals and stones exports grew by 41.0% m/m, she said. Imports also increased across the board, Hodes added. We live in a world where facts and fiction get blurred

Lara hodesAfrican revenue services onSouth african revenue servicesலாரா ஹோதேச்