Views Article – Sharenet Wealth

Africa, News

South Africa’s retail sales up 2.4% year/year in June

JOHANNESBURG (Reuters) – South African retail sales rose 2.4% year-on-year in June following a revised 2.3% increase in May, Statistics South Africa said on Wednesday.

On a month-on-month basis, sales were up 0.3%. For the quarter, they rose 2.4% in the three months to the end of June compared with the same period last year, the statistics body said.

(Reporting by Olivia Kumwenda-Mtambo; Editing by Peter Graff)

© 2019 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.