South African trade surplus shrinks in October

JOHANNESBURG (Reuters) – South Africa’s trade surplus narrowed to 3.09 billion rand ($210 million) in October from a revised 4.53 billion rand surplus in September , data from the revenue service showed on Friday.

Exports were up 11.9% on a month-on-month basis to 123.4 billion rand while imports jumped 13.7% to 120.3 billion, the South African Revenue Service said.

($1 = 14.7075 rand)

Reporting by Mfuneko Toyana; editing by Olivia Kumwenda-Mtambo

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