Picture: 123RF/ GUI YONGNIAN
Picture: 123RF/ GUI YONGNIAN

Retail sales nosedived in April, falling by more than 50% year on year.

The decline, however, eased in May as the government relaxed some lockdown rules and allowed more sectors of the economy to reopen.

Business Day TV discussed the data with Sa’ad Chotia from Nedbank CIB.

Nedbank CIB's Sa'ad Chotia talks to Business Day TV about the fall in retail sales in April

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