Retail trade sales came in at 2.3% year-on-year in December 2012 from 3.6% in November, Statistics South Africa (Stats SA) said on Wednesday. The market expectation was that it would slow down to 1.2% year-on-year in December. The main contributors to the higher-than-expected 2.3% were general dealers, retailers in textiles, clothing, footwear and leather goods and all ‘other' retailers. Seasonally adjusted retail trade sales increased by 1% in December 2012. For 2012, retail sales … [Read more...] about Retail trade sales up on expectations
retail trade
Retail trade sales slow in September
Retail trade sales slowed to 4.3% year-on-year in September, Statistics South Africa (Stats SA) said on Wednesday. Market expectation was that retail trade sales would slow to 4.7%. In August, retail trade sales rose by 6.4%. According to Stats SA, general dealers contributed 1.9% while retailers in textiles, clothing, footwear and leather goods were the main contributors to the 4.3% increase. Seasonally adjusted retail trade sales decreased by 0.5% in September 2012 compared with … [Read more...] about Retail trade sales slow in September
Retail trade sales show 8.3% growth
The June Retail trade sales increased more than expected by 8.3% from an upwardly revised 7.1% in June, Statistics South Africa (Stats SA) said. Market expectation was that sales would rise by 4.7%. Textiles, clothing, footwear and leather goods were at 16.4% as well as pharmaceutical and medical goods, cosmetics and toiletries were the major contributors to the increase, said Stats SA on Wednesday. Measured in real terms‚ seasonally adjusted retail trade sales increased 1.9% in June … [Read more...] about Retail trade sales show 8.3% growth
Retail Sales Up 2.2% Year-on-year
Retail trade sales increased by 2.2% year-on-year in June from a revised 0.2% in May, Statistics South Africa (Stats SA) said. According to Stats SA, the highest annual growth rate was recorded for retailers in pharmaceutical and medical goods, cosmetics and toiletries, followed by retailers in household furniture, appliances and equipment, and general dealers. Retail trade sales for the second quarter of the year showed an increase of 4.1% compared with the second quarter of 2010. General … [Read more...] about Retail Sales Up 2.2% Year-on-year
May Retail Trade Sales Flat Line
Retail trade sales in May showed a 0.0% growth year-on-year following the 10% year-on-year increase recorded in April, said Statistics South Africa (Stats SA). According to Stats SA, in real terms seasonally adjusted retail trade sales decreased by 4.7% in May compared to April 2011. Sales were weaker than what was expected. "Although April's high base contributed, May's figures were much weaker than market consensus forecast of a 7.2% rise," said Nedbank. Retail trade sales in real … [Read more...] about May Retail Trade Sales Flat Line
December Retail Trade Sales Surprise
Retail trade sales surprised in December 2010, registering an 8.3 percent year-on-year, said Statistics South Africa (Stats SA). Stats SA said the highest annual growth rate was recorded for retailers in pharmaceutical and medical goods cosmetics and toiletries, followed by retailers in household furniture, appliances and equipment. "Retail sales came out stronger than expected in December, rising by 8.3 percent year-on-year from an upwardly revised 8 percent in the previous month, and … [Read more...] about December Retail Trade Sales Surprise
