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South Africa’s retail sales down 9% year on year in July

JOHANNESBURG (Reuters) – South African retail sales fell 9% year on year in July following a revised 7.2% contraction in June, Statistics South Africa said on Wednesday.

On a month-on-month basis sales were down 1.1% compared to a growth of 6.6% monthly increase in June, and in the three months to the end of July sales shrank 9.4% compared with the same period last year, the statistics body said.

(Reporting by Mfuneko Toyana; Editing by Promit Mukherjee)

A shop attendant walks down an aisle in a store in Hillcrest

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