S.Africa's April retail sales up 3.4 year/year

by Reuters 3 views0

South Africa's retail sales surged by 3.4 per cent year-on-year in April.

South Africa’s retail sales grew by 3.4 per cent year-on-year in April, above market expectations, after expanding by a revised 2.5 percent in March, Statistics South Africa said on Wednesday.

On a month-on-month basis, sales ticked up 0.2 percent, and rose 3.2 per cent in the three months to April compared with the same period last year.