Picture: BLOOMBERG
Picture: BLOOMBERG

Retail sales grew at 3.1% year on year in November, with the largest annual growth rates recorded for retailers in household furniture, appliances and equipment. On a month-on-month basis, sales grew 3.3%, defying the expectation for a slight decline.

Stanlib chief economist Kevin Lings joined Business Day TV to discuss the data and what it suggests for the retail sales climate in 2019.

Stanlib chief economist Kevin Lings talks to Business Day TV about the retail sales data and what it suggests for the sector in 2019

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