WATCH: Why SA’s retailers are battling
The retail sector barely grew in March as consumers battled headwinds.
Retail sales were a tepid 0.2% higher in March, lower than the 0.6% expected by economists polled by Bloomberg.
This was an increase of R85.93bn in March compared to R83.61bn in March 2018.
Independent analyst Syd Vianello joined Business Day TV to discuss what lies ahead for the embattled sector.
Independent analyst Syd Vianello talks to Business Day TV about the March retail sales data