South Africa's retail sales rise 8.2 percent y/y in November, biggest jump since 2012
By Respect Gwenzi, Jan 18, 2018
South African retail sales rose by 8.2 percent year-on-year in November, beating expectations by far, after increasing by a revised 3.5 percent in October, data from the statistics office showed on Wednesday.
Analysts polled by Reuters had forecast a 3.1 percent year-on-year increase in retail sales in November.
On a month-on-month basis, sales were up 4 percent and rose 5.9 percent in the three months to November compared with the same period last year, Statistics South Africa said.
The statistics agency said the year-on-year figure was the largest jump since June 2012. Reuters

Top Stories
Trump Slaps Zimbabwe Goods with 18% Reciprocal Tariffs: How Much Does Zim Really Trade with the USA?
he United States has imposed new tariffs on Zimbabwe as part of President Donald Trump’s rollout of a trade war strategy, introducing “reciprocal tariffs” that subject Zimbabwean goods to a minimum ta
17 hours agoZiG Weekly Commentary: Gradual Erosion Hits New April Peak, RBZ Holds Rates High But Demand Action Lags
The Zimbabwe Gold (ZiG) persists in its slow decline, with March’s gradual erosion spilling into April 2025. The ZiG closed at 26.77 on 31st of March 2025 from 26.72 in the previous week against the
1 day ago