Retail sales better than expected in January
The data comes as grocery shelves in some areas have been cleared out by panicked shoppers due to the spread of the coronavirus
18 March 2020 - 15:37
Retail sales rose more than expected in January, data from Stats SA showed on Wednesday.
Sales grew 1.2% year on year, compared to December’s contraction of a revised -0.5%. This was well above market expectations for a 0.5% rise, according to a Bloomberg survey...
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