SA trade surplus narrows to R7.18bn in August

South Africa recorded a trade surplus of R7.18 billion in August, down from a revised surplus of R24.81 billion in July, data from the revenue service showed on Friday.

Exports dropped 1.0% month on month to R175.37 billion, while imports were up 10.4% at R168.19 billion, the South African Revenue Service said.

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