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South Africa’s retail sales up 1.2% year on year in January

PUBLISHED: Wed, 18 Mar 2020 15:08:34 GMT

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JOHANNESBURG (Reuters) – South African retail sales rose 1.2% year on year in January following a revised decline of 0.5% in December, Statistics South Africa said on Wednesday.

On a month-on-month basis sales were up 0.9%. They rose 1.0% in the three months to the end of January compared with the same period last year, the statistics body said.

(Reporting by Olivia Kumwenda-Mtambo; Editing by Edmund Blair)

This article was first published on Reuters Africa https://af.reuters.com/article/investingNews/idAFKBN2151UX-OZABS and is republished with its permission.