South African retail sales increased 3.4% in November

 

Growth in South Africa’s retail sales increased to 3.4% year-on-year in November compared with a revised 0.9% expansion in October, Statistics South Africa said, reported Reuters.

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On a month-on-month basis, sales were up by 0.9% in November, and increased by 3% in the three months to November compared with the same period a year ago.

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Economists in a Reuters survey expected retail sales growth of 1.5% in November.

For Reuters Article Click Here

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