South Africa experiences weakest growth since October 2017

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11 September 2018 à 15h34

Updated on 10 May 2019 à 16h47

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1 minute

Publication: 11 September 2018 à 15h34, Updated on 10 May 2019 à 16h47

Reading time: 1 minute

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Publication

11 September 2018 à 15h34

Updated on 10 May 2019 à 16h47

Reading time

1 minute

Publication: 11 September 2018 à 15h34, Updated on 10 May 2019 à 16h47

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South African retail sales for June 2018 grew by 2.9% year-on-year, excluding the effects of inflation, showing the rate of growth has fallen for the third month. The total retail sales growth, including effects of inflation, grew by 5.8% year-on-year. Clothing outperformed other segments in June, with sales excluding the effects of inflation and rising by 4.4% year-on-year. An overall June sales rate of 8.4% is above average for this time of year.

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