South Africa retail sales grow in the lowest pace since 2010

Note: This section contains information in English only.
Source: RTT News
© Scanpix/Reuters
South Africa retail sales increased by 1% in October on annual basis, comparing with 4.7% increase in September, according to the Statistics South Africa report on Tuesday. The actual number was sharply lower than a 4% forecast of economists and the sales reached the lowest pace of expansion since February 2010. On seasonally adjusted basis sales slipped by 1.7% in October and that was the second consecutive decline.
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Tue, 11 Dec 2012 12:01:54 GMT

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