Africa Economy Retail South Africa

South Africa’s retail sales down 0.4% year/year in December

South African retail sales fell 0.4% year-on-year in December following an increasing of 2.6% in November, Statistics South Africa said on Wednesday.

On a month-on-month basis sales were down 3.1%. They were up 0.8% in the three months to the end of December compared with the same period last year, the statistics body said.

Source: Nasdaq

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.