rade sales

Retail trade sales weakened in April with the year-on-year rate falling to 1% compared to a revised 6.7% in March, Statistics South Africa (Stats SA) said on Wednesday. Market expectation was that retail sales would show growth of 4.5%. Figures for April were boosted by the number of public holidays as well as additional school holidays after the Easter weekend, according to Stats SA. Over the course of the month, sales increased by 1.5% on a seasonally adjusted basis down from 2.2% in … [Read more...] about April Retail Trade Sales Weaken