SECTIONS
File photo of shoppers pushing trolleys at an upmarket shopping mall in Sandton, Johannesburg

South Africa's retail sales rise 4.8 percent y/y in March

JOHANNESBURG (Reuters) - South African retail sales rose 4.8 percent year-on-year in March after increasing by a revised 4.2 percent in February, data from the statistics office showed on Wednesday.

On a month-on-month basis, sales were flat. Sales rose 4.1 percent in the three months to the end of March compared with the same period last year, Statistics South Africa said.

(Reporting by Olivia Kumwenda-Mtambo; Editing by Alexander Winning)

2018-05-16 13:18:10

© 2018 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. "Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.