South Africa Retail Sales Drop In December

Trading 12 fév 2020 Donner votre avis

South Africa's retail sales dropped in December, data from Statistics South Africa showed on Wednesday.

Retail sales fell 0.4 percent year-on-year in December, after a 2.6 percent increase in November.

The largest negative contribution came from general stores, retailers in hardware, paint and glass and all 'other' retailers.

On a month-on-month basis, retail sales decreased 3.1 percent in December, after a 2.0 percent rise in the previous month.

In the three months ended in December, retail sales increased 0.4 percent, following a 0.3 percent rise in the preceding three months.

In 2019, retail sales rose 1.2 percent from the last year.


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