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
Zimbabwe's Exports Surpass $1 Billion for First Time, Imports Steal the Show at $1.03 Billion
Zimbabwe has achieved a historic milestone in October 2025, with monthly exports surpassing the US$1 billion threshold for the first time, reaching US$1.02 billion. This represented a strong 20.2% mo
Dec 08, 2025
