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South Africa’s retail sales up 0.7 percent year/year in September

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Naija247news, Nigeria
Naija247news is an investigative news platform that tracks news on Nigerian Economy, Business, Politics, Financial and Africa and Global Economy.

JOHANNESBURG (Reuters) – South African retail sales rose 0.7 percent year-on-year in September after increasing by 2.5 percent in August, the statistics office said on Wednesday.

On a month-on-month basis, sales contracted 0.6 percent from a 0.6 percent expansion previously. Sales were up 1.5 percent in the three months to the end of September compared with the same period last year, Statistics South Africa said.

Reporting by Mfuneko Toyana; Editing by James Macharia

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