S.Africa c.bank sees continued negative growth in Q2
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S.Africa c.bank sees continued negative growth in Q2 UPDATED 28 May 2009 | 01:16  
S.Africa c.bank sees continued negative growth in Q2

PRETORIA (Reuters) - South Africa's Reserve Bank expects houshold spending to remain constrained and said on Thursday recent indicators showed negative growth will continue in the second quarter.

A central bank statement also said the risk to the inflation outlook had been reduced by the relative strength of the rand.

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