South Africa's retail sales rise 5.5 percent year/year in August
HOME CAREERS CONTACT US LOGIN

South Africa's retail sales rise 5.5 percent year/year in August
Shoppers walk past an Edgars store at a shopping centre in Soweto, southwest of Johannesburg
JOHANNESBURG (Reuters) - South African retail sales rose by 5.5 percent year-on-year in August, beating market expectations, after increasing by a revised 1.6 percent in July, data from the statistics office showed on Wednesday.

Analysts polled by Reuters had forecast a 2.3 percent year-on-year increase in retail sales in August.

On a month-on-month basis, sales were up 2.4 percent and rose 3.4 percent in the three months to August compared with the same period last year, Statistics South Africa said.

(Reporting by Olivia Kumwenda-Mtambo; Editing by James Macharia)

2017-10-18 13:21:45


© 2017 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.
Most read today
Most read yesterday
Send e-mail to for any enquiries or see Contact Details for phone numbers
Home   •   Terms & conditions   •   PAIA   •   Privacy Policy   •   Security Notice   •   Contact Details
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.
© 2017 SHARENET (PTY) Ltd, Cape Town, South Africa