South Africa’s retail sales down 12% year on year in May

PUBLISHED: Wed, 22 Jul 2020 13:55:18 GMT
Share

JOHANNESBURG (Reuters) – South African retail sales fell 12% year on year in May following a 50.4% contraction in April, Statistics South Africa said on Wednesday.

Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.