Views Article – Sharenet Wealth

Africa, News

South Africa’s retail sales fall 1.3% year/year in August

JOHANNESBURG, Oct 13 (Reuters) – South Africa’s retail sales fell 1.3% year on year in August after falling by a revised 1.2% in July, Statistics South Africa said on Wednesday.

On a month-on-month basis, sales were up 4.9%. Sales rose 2.6% in the three months to the end of August compared with the same period last year, the statistics agency said. (Reporting by Nqobile Dludla Editing by Alexander Winning)

© 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.