South Africa July retail sales up 7.9 percent
South Africa’s
retail sales growth quickened by 7.9 percent year-on-year in July at
constant prices, compared with an upwardly revised 7.6 percent increase
in June, Statistics South Africa said on Wednesday.
Stats South Africa
said retail sales grew by 6.5 percent in the three months to July,
compared to the same period a year ago, also at constant prices.
Economists polled by Reuters last week forecast sales growth would brake to 6.9 percent year-on-year in July.
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