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SA posts trade deficit of R4.31bn in October

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South Africa recorded a trade deficit of R4.31 billion in October, down from a revised surplus of R26.16 billion in September, data from the revenue service showed on Wednesday.

Exports fell 17.0% month on month to R159.61 billion in October, while imports were down 1.3% at R163.92 billion, the South African Revenue Service said.

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