Retail trade sales for January came in lower than expected at 1.9% year-on-year. "Measured in real terms (constant 2012 prices), retail trade sales increased by 1.9% year-on-year in January 2013," said Statistics South Africa (Stats SA) on Wednesday. The main contributors to the 1.9% increase were general dealers (contributing 1.2% percentage points) and retailers in textiles, clothing, footwear and leather goods (contributing 1.1% points). This followed month-on-month changes of 0.4% … [Read more...] about January retail trade sales lower than expected
retail trade sales
November Retail Trade Sales up by 6.8%
Retail trade sales in November grew by 6.8% year-on-year, Statistics South Africa (Stats SA) said. Analysts had expected it to come in at 7.5% year-on-year. The highest annual growth rate was recorded for retailers in hardware, paint and glass as well as retailers in household furniture, appliances and equipment as well as retailers in textiles, clothing, footwear and leather goods. The 6.8% increase follows a revised 7.5% increase in October. In real terms, retail trade sales for … [Read more...] about November Retail Trade Sales up by 6.8%
