Retail sales growth continues to slow in August
The slow pace of retail growth has led some economists to believe it could mean another possible contraction of the economy in the third quarter
16 October 2019 - 14:09
Retail sales growth continued to slow in August, reaching 1.1% year on year, down from 2% in the previous month.
The figures, released by Stats SA on Wednesday came in below market expectations of 1.7% according to economists surveyed by Bloomberg, and though it remains in positive territory, this is the lowest reading this year since March. ..
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