Economic Indicators
South African retail sales fall 1.8% year on year in July
2023.09.20 07:35
© Reuters. FILE PHOTO: An employee sorts out clothing at a store of the French fashion brand Lacoste, in Sandton, near Johannesburg, South Africa, July 27, 2023. REUTERS/Siphiwe Sibeko/File Photo
JOHANNESBURG (Reuters) – South African retail sales fell 1.8% year on year in July after declining by a revised 1.8% in June, Statistics South Africa figures showed on Wednesday.
Retail sales in July were unchanged month-on-month.
Sales in the three months to the end of July were down 2.2% compared with the same period last year, the statistics agency said.
